Company: EUDAW
Filing Date: 2025-04-29
Form Type: 20-F
Source: 0001641172-25-006627
Chunk: 167

Company: EUDA Health Holdings Ltd
Filing Date: 2025-04-29
Form: 20-F
Item: Item 19
Chunk 167
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                 ( 10,831  
  Present value of lease liabilities          $                    202,979      $                   28,197      $           231,176  

EUDA
HEALTH HOLDINGS LIMITED AND SUBSIDIARIES

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

(In
U. S. dollars, unless stated otherwise)

Note
20 - Commitments and contingencies

Contingencies

Legal

From
time to time, the Company is party to certain legal proceedings, as well as certain asserted and un-asserted claims. Amounts accrued,
as well as the total amount of reasonably possible losses with respect to such matters, individually and in the aggregate, are not deemed
to be material to the consolidated financial statements.

On
May 12, 2023, there were disagreements between the directors and formers directors of the Company concerning, among others, the legitimacy
of:

  The                                                                                                                  
  The                                                                                                                  
  The                                                                                                                  
  The                                                                                                                  
  The                                                                                                                  
  The                                                                                                                  
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Upon
consultation with the Company’s external counsel, the Board determined that the Resolutions were prima facie

KRHSG also filed a claim against Mr. Capes and one other defendant as a separate case in July 2023 in connection with unlawfully obstructed
access to KRHSG’s client and clinic management systems, disrupting their business and resulting in losses to KRHSG in May 2023.
On December 30, 2024, the Company sold 100

On May 10, 2024, EUDA was served a statutory demand
(the “ Statutory Demand”) pursuant to Section 155(1) of the British Virgin Islands Insolvency Act 2003 (the “ Insolvency
Act”) by Carey Olsen Singapore LLP ( “ Carey Olsen”) for payment of an alleged total indebtedness of US$138,202.66in
connection with the purported legal services rendered between February and August 2023 pursuant to an alleged engagement letter dated
February 22, 2023 signed by certain former directors of the Company purportedly acting on behalf of the Company. The Company is of the
position that it is not liable to pay the amount demanded by Carey Olsen in the Statutory Demand. On May 24, 2024, the Company filed an
originating application seeking an order to set aside the Statutory Demand, and for Carey Olsen to pay the Company’s