The Karnataka High Court has scheduled March 28 for the next hearing on a petition filed by Byju's, challenging the outcome of February's shareholder EGM. This legal battle is part of a broader controversy involving Byju's, including a $1.2 billion dispute between the Indian ed-tech company and its lenders. A hedge fund founder, central to this conflict, remains outside the U.S. despite a court order to return, related to allegations of diverting $533 million from Byju's. A Delaware bankruptcy judge has imposed $10,000 in daily fines on Camshaft Capital Fund until it discloses the whereabouts of the transferred funds. Additionally, a U.S. judge has ordered Indian tech firm Think & Learn to freeze $533 million to safeguard the money for the aggrieved lenders.