Meta Health, 5Digital reach $136.8k settlement with former executives
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Meta Health Limited and 5Digital Pte. Ltd. have reached a settlement of $136,831.82 with former executives Vasanthan Metupalle and Jagannathan Padmaja Sakthi, related to ongoing bankruptcy proceedings. The payment will be made in nine tranches starting from September. This settlement follows a disputed $200,000 payable owed by 5Digital to the executives. Upon receiving the first payment, 5Digital will discontinue its bankruptcy claim against them, with no costs ordered.
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Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
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