Archive · 2 Sep 2025
Karnataka High Court Bars Byju Raveendran From Asset Disposal
The Karnataka High Court has told Byju Raveendran, the founder of Byju’s, that he can't sell his assets for now.
This is because Qatar Holdings wants to enforce an earlier agreement.
Qatar Holdings is seeking to enforce a $235 million award against Raveendran.
The court has blocked Raveendran from transferring or selling any properties until the case continues.
Raveendran's lawyer asked for more time to respond.
Karnataka High Court issued an interim injunction against Byju Raveendran.
The court order came in response to Qatar Investment Authority's (QIA) plea.
QIA sought to enforce a $235 million arbitration award.
Raveendran is restrained from alienating or transferring his assets.
The case will be heard again at a later date.
- Who
- Byju Raveendran and Qatar Investment Authority (QIA)
- What
- Karnataka High Court restrained Byju Raveendran from disposing assets.
- When
- The interim order was issued on Monday.
- Where
- Karnataka, India
- Why
- QIA sought to enforce a $235 million arbitration award against Raveendran.
Byju Raveendran's Position
Qatar Holdings' Position
Asset Disposal
Byju Raveendran's Position
Raveendran requested time to file objections regarding the asset freeze.
Qatar Holdings' Position
Qatar Holdings seeks to prevent Raveendran from disposing of assets to enforce the arbitration award.
- Parties Involved
- Byju Raveendran, Qatar Holdings LLC
- Court
- Karnataka High Court, Singapore International Arbitration Centre (SIAC)
- Award Amount
- $235 million
