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India: Fintech platform BharatPe on Monday said that no settlement talks are going on between the company and its former founder and managing director Ashneer Grover. BharatPe filed a case against Grover and his family in the Delhi High Court for allegedly defrauding them of Rs 88.6 crore, which is currently underway.
Reports suggesting settlement between Ashneer Grover or his family are baseless – BharatPe
The company said in a statement to IANS that reports suggesting any kind of settlement between BharatPe and Ashneer Grover or his family are completely baseless and untrue.
BharatPe filed a fraud complaint against Ashneer Grover in December 2022
BharatPe initiated legal proceedings against Grover and his family members through a civil suit in the Delhi High Court and was booked by the Economic Offenses Wing in December 2022 for cheating, misappropriation of funds, criminal breach of trust, forgery, document forgery and embezzlement. With criminal complaint.
BharatPe said, we have full faith in the judicial and legal system of the country. The Delhi High Court had earlier issued summons to Grover and his wife Madhuri Jain Grover over a lawsuit filed by the company, seeking to restrain them from making defamatory statements against the fintech firm, alleging the couple was involved in misappropriation of funds. Was.
Bhavik Koladia had filed a case against Ashneer Grover
It was reported in January that Bhavik Koladia, the original founder of fintech unicorn BharatPe, has also filed a case against his former partner Ashneer Grover. In the case filed by Bhavik Koladia against BharatPe co-founder Ashneer Grover, he is taking legal action to get back his shares from the former managing director.
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