As part of the settlement, Grover will no longer be associated with BharatPe, ending the legal battle that began with his removal as managing director in March 2022
Grover will neither be associated with BharatPe nor be a part of its shareholding
BharatPe has settled with former co-founder Ashneer Grover and has decided not to pursue any legal action. The case pertains to Bharatpe's allegations against Grover of fraud worth Rs 81 crore
BharatPe claimed that the notice pertained to an inquiry initiated in 2022, requesting additional information on its operations and actions taken against co-founder Ashneer Grover
The case will next be heard by the New Delhi bench of the National Company Law Tribunal (NCLT) on January 11
Ashneer Grover tendered an unconditional apology. Though the court accepted the apology, however, it said that it is subject to him paying the costs to Delhi High Court Clerk Association
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Sharks are back with another season of Shark Tank India. Shark Tank India's official Instagram account shared the information. The show is likely to start in December or January
Following the development, Grover shared the video of his controversial statement in a post on his X
"Alternatively, if the PANs of the investors are shared with the AO by the company, he can verify the ITRs of the investors," the I-T department said
In total, out of a total of 65 deal commitments, only 40% (28) deals were honoured by seven sharks
Delhi Police's Economic Offences Wing also books Grover's other relatives on charges of defrauding BharatPe
In a series of tweets posted by Grover, he also shared some suggestions for Delhi airport authorities to expedite the checking process
Fintech firm says it is essential to strengthen the roles as it 'focuses on getting IPO ready'
Bhavik Koladiya and his teacher's son Shashvat Nakrani founded the fintech firm BharatPe in 2017 and Ashneer Grover joined the startup in 2018 as CEO
Grover wrote that taking advantage of the fact that "I do not indulge in alcohol, he would call Bhavik and Shashvat for drinking sessions and poison them against me
BharatPe has filed a case against Ashneer Grover's wife, Madhuri Jain, under Section 420 for a fraud of Rs 88 crore
Among the top brass leaving today were Vijay Aggarwal, Rajat Jain, Geetanshu Singla, and Nehul Malhotra
According to a media report, Koladiya's departure is due to a disagreement between him and BharatPe as well as the company's Chief Executive Officer Suhail Sameer.
Former BharatPe Co-founder and managing director Ashneer Grover said on Tuesday that Zomato should have acquired its arch rival Swiggy than 10-minute grocery platform Blinkit to avoid the mayhem