Delhi HC issues notice to Riju Ravindran on Byju's Alpha plea to enforce Rs.8 crore DIFC court order
New Delhi, Sept. 25 -- The Delhi High Court on Friday issued notice to Byju's co-founder Riju Ravindran and the resolution professional (RP) of Think & Learn Pvt Ltd, the parent company of Byju's, on a plea by Byju's Alpha seeking enforcement of a Dubai International Financial Centre (DIFC) Court order directing Ravindran to pay $840,000, approximately Rs.8 crore, in legal costs.
Justice Manoj Jain, who heard the matter, described it as an interesting case concerning the enforcement in India of a foreign court's costs order. The matter will next be heard on 23 October.
According to the plea seen by Mint, the DIFC Court awarded Byju's Alpha $840,000 in legal costs in its 23 January order after rejecting Ravindran's challenge to proceedin...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.