The Singapore High Court dismissed a claim by the Managing Director of TCI Express Limited seeking to recover S$468,090 spent on a former partner, holding that the sums were gifts rather than interest-free loans and that a donor cannot resile from a gift and convert it into a loan afterwards.
A Singapore court sentenced Byju’s founder Byju Raveendran to six months’ imprisonment for contempt over alleged non-compliance with disclosure orders, while directing payment of legal costs and ownership documents, though Raveendran denied wrongdoing, described the ruling as procedural and announced plans to appeal against it.
The Court of Appeal of the Supreme Court of Singapore set aside an arbitral award passed by a tribunal led by former Chief Justice of India, Dipak Misra. The Court found that nearly half of the award—212 out of 451 paragraphs—was copied word-for-word from two earlier arbitration awards, raising serious concerns over fairness and impartiality in the arbitration process.
