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QIA Seeks To Enforce $235 Mn Arbitral Award Against Raveendran
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SUMMARY
The arbitral sum has been sought with an additional interest of 4% per annum, compounding daily, which currently amounts to $14 Mn
The QIA has urged the HC to treat the arbitration award akin to a court order, stop Raveendran and BIPL from moving any assets and seize the assets for sale
Qatar Holding, which had extended a $150 Mn loan to BYJU’S in 2019, terminated the transaction in February 2024 and demanded early repayment of $235 Mn
Qatar Investment Authority (QIA) has moved the Karnataka High Court (HC)…
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