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Meta Health to be paid $136,831.82 following breach of settlement agreement by former top executives of two subsidiaries

Nicole Lim
Nicole Lim • 2 min read
Meta Health to be paid $136,831.82 following breach of settlement agreement by former top executives of two subsidiaries
Dr Vasanthan and his spouse Padmaja Sakthi are to repay Meta Health the sum in nine tranches starting September.
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Meta Health has entered into a settlement agreement with former top executives from two of its subsidiaries, for the payment of $136,831.82 to the company in nine separate tranches starting from September.

The two executives, Dr Vasanthan Metupalle and his spouse, Jagannathan Padmaja Sakthi, were the former chief medical officer and director of 5Digital and GainHealth respectively. They are to pay the settlement sum following the receipt of demand for payment, after failing to pay an outstanding amount of $336,831.82 last January.

In May 2023, Gainhealth and 5Digital commenced legal proceedings against Dr Vasanthan, Sakthi, as well as 1Life Healthcare and Aventres Enterprise Limited, two entities which were not part of Meta Health.

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