US bankruptcy court holds Byju Raveendran in contempt for failure to comply with its orders

The court has further directed Raveendran to comply with the discovery orders. “Raveendran shall remit to the clerk of court the sum of $10,000 for each day he remains in contempt of the orders,” it said. In American legal parlance, the term ‘discovery’ refers to the process by which parties obtain evidence and information from the other party.