India, Sept. 1 -- About a week after Qatar Investment Authority (QIA) moved the Karnataka High Court (HC) against BYJU'S cofounder Byju Raveendran, the HC has reportedly issued an interim injunction in favour of the investor.

As per a report by Mint, the HC ordered Raveendran to not sell or transfer any of the assets mentioned in the QIA's plea.

"Since the petitioners sought for an interim injunction to restrain the respondents from alienating the assets (mentioned in schedule A & B), it is appropriate that the respondents are put on terms before granting an adjournment to file objections. In view of the above, the respondents are restrained by way of interim injunction from alienating, encumbering or transferring the properties till th...