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Byju’s ex-director Riju Ravindran fined $10,000 a day over missing $533 million

After imposing the sanctions on Riju Ravindran, US Bankruptcy Judge Brendan Shannon also rejected a request to put the US debt fight on hold so Ravindran and the company could find new lawyers. American lawyers for Ravindran and Byju’s units want to quit defending their clients in the bankruptcy dispute, blaming “an irreparable breakdown.”

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