India, Jan. 30 -- A top executive of embattled edtech firm BYJU'S and an ally of the company's founder are facing potential fines of $25K a day after a federal judge held them in contempt for violating a US court order.

As per Moneycontrol, BYJU's manager Vinay Ravindra and business ally Rajendran Vellapalath refused to answer questions about their roles in seizing assets from BYJU'S US-based subsidiaries - Epic! and Tangible Play.

The judge found that Vellapalath's company Voizzit Information Technology violated the court order by filing a lawsuit in India to strip BYJU'S US units out of software, cash and other assets, as they are under the supervision of a US bankruptcy court.

The matter stems from the long-running legal battle betw...