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Reacting to the order Raveendran claimed that the reports had created a misleading impression. Raveendran claimed that the lenders, including GLAS Trust and QIA, as well as other stakeholders, have been in discussions with the founders and other parties. Raveendran said that a settlement had been agreed in principle, with only a few residual minor issues left to be finalised between certain parties and he has no role in those remaining issues. “I am disappointed that the recent Singapore court matter has been pursued and reported in a manner that creates a misleading impression about me, especially at a time when all key parties have almost concluded the settlement discussions. As part of the settlement discussions, the parties have also acknowledged that there has been no wrongdoing on my part or on the part of the other founders. That is why it is deeply