2 years, 3 months ago

BharatPe approaches Delhi HC to restrain Ashneer Grover, wife, others from making defamatory statements

: The Delhi High Court on Thursday issued summons to BharatPe’s former managing director Ashneer Grover and his wife on a suit filed by the company seeking to restrain them from making defamatory statements against the fintech firm. The High Court gave Mr. Grover, his wife Madhuri Jain and others two weeks to submit replies to the plea filed by the company. “Pass a decree of permanent injunction restraining the defendants and/or anyone on their behalf in any manner whatsoever from making defamatory/derogatory statements concerning the plaintiff, its directors, employees and/or publicising, printing the same in any medium or form whatsoever,” the suit said. Appearing for BharatPe, senior advocate Mukul Rohatgi argued that Mr. Grover, his wife and their relatives were carrying out a “vicious” campaign against the company.

High Court Company His Wife Grover Bharatpe defamatory restrain making grover hc mr high court wife delhi bharatpe statements suit company whatsoever ashneer

History of this topic

2 weeks, 2 days ago

Madras High Court orders CB-CID inquiry against woman lawyer

The Hindu

Shocked by serious allegations of professional misconduct against a 26-year-old woman advocate in a case involving crores of rupees, the Madras High Court has ordered a Crime Branch-Criminal Investigation Department probe to uncover the truth. Justice A.D. Jagadish Chandira directed the CB-CID to find out whether JMI Law Associates, a firm run by Jamal Mohammed Ibrahim, a non-lawyer, in association …

3 months, 1 week ago

Fresh trouble for Sanjay Singh? Goa CM’s wife files ₹100 cr defamation suit against AAP leader — here’s why

Live Mint

A Goa court has issued a notice to AAP MP Sanjay Singh in a ₹100 crore defamation suit filed by Chief Minister Pramod Sawant's wife. Sulakshana Sawant alleged that Singh linked her to a cash-for-jobs scam and sought an apology. Singh, a Rajya Sabha member, recently alleged that Sulakshana, wife of CM Pramod Sawant, is involved in a cash-for-jobs scam. …

4 months, 1 week ago

Relief for Ashneer Grover: Delhi High Court quashes lookout circular against BharatPe’s former MD and his wife

Live Mint

The Delhi High Court has ordered the cancellation of a lookout circular issued against BharatPe's co-founder Ashneer Grover and his wife Madhuri Jain Grover, noting that the FIR lodged against them over allegations of cheating and forgery has been quashed, newswire PTI reported on Tuesday, November 12. The Bureau of Immigration issued the lookout circular at the instance of Delhi …

4 months, 1 week ago

Delhi High Court Cancels LOC Against Ashneer Grover, Wife After Quashing Of EOW FIR

Live Law

The Delhi High Court yesterday ordered cancellation of the look out circular issued against former BharatPe Managing Director Ashneer Grover and his wife Madhuri Jain Grover after quashing of Delhi Police's Economic Offences Wing's FIR registered last year. Justice Sanjeev Narula passed the order after he was informed that a coordinate bench had yesterday quashed the FIR. The plea seeking …

6 months ago

BharatPe fraud case: EOW arrests Ashneer Grover's family member

The Hindu

Delhi Police Economic Offences Wing has arrested a family member of BharatPe co-founder Ashneer Grover in connection with the alleged misappropriation of funds with the fintech company, police officials said on Friday, September 20, 2024. “Deepak Gupta, who is a brother-in-law of Mr. Grover, was arrested on Friday,” they said. Gupta was named in the FIR which was registered against …

7 months ago

Delhi High Court Refers Employment Agreement Dispute Between BharatPe, Ashneer Grover To Arbitration

Live Law

The Delhi High Court on Thursday referred to arbitration the dispute between former Managing Director of BharatPe, Ashneer Grover, and the fintech company concerning an employment agreement entered between them in August 2021. The order was passed in a plea filed by BharatPe seeking the appointment of a sole arbitrator, alleging that Grover disclosed confidential information of the fintech company …

10 months ago

Ashneer Grover, Madhuri Jain asked to give ₹80 crore security to travel to US

Hindustan Times

The Delhi High Court directed BharatPe co-founder Ashneer Grover and his wife Madhuri Jain Grover to furnish a security of ₹80 crore before they travel to the US. Ashneer Grover and his wife Madhuri Jain are seen. The couple has been allowed to go to the US separately for the children’s summer school after the court asked the Economic Offences …

10 months ago

Ashneer Grover, his wife Madhuri Jain can travel abroad but there's a rider, Delhi High Court says

Hindustan Times

The Delhi High Court permitted former BharatPe MD Ashneer Grover and his wife Madhuri Jain Grover to travel to the US. Ashneer Grover has been given the permission to travel from May 26 to June 12 while Madhuri Jain Grover has been permitted to travel from June 15. Delhi police opposed their plea and submitted that Ashneer Grover and his …

10 months ago

Delhi High Court Permits Former BharatPe MD Ashneer Grover, Wife To Travel Abroad

Live Law

The Delhi High Court on Wednesday allowed Former BharatPe Managing Director Ashneer Grover and his wife Madhuri Jain Grover to travel abroad to the United States. Justice Subramonium Prasad allowed Grover to travel to the US from May 26 to June 12 and his wife, Madhuri Jain Grover from June 15, after he returns back. In June last year, a …

1 year ago

Delhi High Court Restrains Ashneer Grover From Making Defamatory Statements Against BharatPe, Orders Him To Take Down Tweets

Live Law

The Delhi High Court on Friday restrained the Former Managing Director of BharatPe, Ashneer Grover, from making defamatory and derogatory statements against the fintech company or its office bearers or officials. The court also directed Economics Times to take down its article published recently based on Ashneer Grover's letters written to the RBI Chairman. BharatPe moved a fresh application alleging …

1 year ago

Ashneer Grover directed by court to take down BharatPe ‘petty people’ tweet in 48 hours

Hindustan Times

The Delhi High Court directed former managing director of BharatPe Ashneer Grover to take down his tweet against the company within within 48 hours. The court also told Ashneer Grover to delete his tweet in which he called SBI chairman “petty people”. Addressing RBI governor Shaktikanta Das, Ashneer Grover said that BharatPe has deliberately “defrauded” the central bank by bringing …

1 year, 1 month ago

Delhi High Court Orders Expeditious Trial Of Shashvat Nadkarni's Suit Against Ex-BharatPe MD Ashneer Grover Over Unpaid Shares

Live Law

The Delhi High Court on Thursday ordered an expeditious trial of the suit filed by BharatPe's co-founder Shashvat Nakrani seeking to restrain the fintech company's former Managing Director Ashneer Grover from alienating, transferring, or creating any third-party rights in the “unpaid shares” bought from him. The court disposed of Nakrani's appeal against the single judge's order refusing to restrain Grover …

1 year, 1 month ago

BharatPe fraud: Ashneer Grover, wife move Delhi HC challenging Look Out Circular

Live Mint

Payment app BharatPe’s former MD Ashneer Grover and his wife on Thursday approached the Delhi High Court seeking quashing of the Look Out Circular issued against them in connection with the investigation in a cheating and forgery case. Justice Subramonium Prasad, before whom the matter came up for hearing, listed it for May 8 saying the investigation in the case …

1 year, 1 month ago

Delhi HC refuses to stay lookout circular issued against Ashneer Grover, wife Madhuri

Hindustan Times

The Delhi high court on Thursday refused to stay the lookout circular issued against former BharatPe co-founder Ashneer Grover and his wife Madhuri Jain in connection with the ongoing probe by the Economic Offences Wing of Delhi Police into the alleged fintech fraud of ₹81 crore. Taking note of the pendency of the couple’s plea seeking quashing of the FIR …

1 year, 3 months ago

‘Respect each other’s equity’: Ashneer Grover on HC's order over selling shares

Hindustan Times

BharatPe co-founder Ashneer Grover on Friday welcomed the decision of the Delhi High Court rejecting the plea of another co-founder Shashvat Nakrani to restrain the former from selling or alienating the shares, saying that this order will go a long way in protecting rights of founders in India. BharatPe co-founder Ashneer Grover In a post on X, he said, “I …

1 year, 3 months ago

HC fines BharatPe co-founder Ashneer Grover ₹2 lakh for defamatory content

Hindustan Times

The Delhi high court on Tuesday fined BharatPe co-founder Ashneer Grover ₹2 lakh for violating its order and posting defamatory content against the fintech company, saying it was appalled by the persistent blatant violation. It disposed of Bharat Pe’s plea seeking to restrain Grover from posting defamatory content on social media by directing Grover to deposit the fine within a …

1 year, 4 months ago

BharatPe files fresh injunction plea against Ashneer Grover. Here's why

Hindustan Times

In fresh legal trouble for Ashneer Grover, Resilient Innovations, the parent firm of BharatPe, has filed a case in the Delhi high court against the ex-Shark Tank India judge, seeking an injunction after he divulged what it said was ‘confidential' information about the fintech company, in public domain. Ashneer Grover The hearing against Grover, BharatPe's estranged co-founder, took place on …

1 year, 4 months ago

BharatPe files fresh case against Ashneer for sharing ’confidential information’

Live Mint

Accusing Ashneer Grover of sharing 'confidential information' relating to the company, fintech firm BharatPe's parent company Resilient Innovations filed a fresh case in the Delhi High Court seeking an injunction, Economic Times reported on 24 November. Last week, BharatPe's embattled cofounder Ashneer Grover posted on X regarding the equity allocation and secondary components undertaken during the company’s Series E funding …

1 year, 4 months ago

Ashneer Grover, Wife Summoned by Delhi Police Day After Being Stopped at Airport

News 18

The Delhi Police’s Economic Offences Wing has summoned BharatPe co-founder Ashneer Grover and his wife Madhuri Jain for questioning in connection with an alleged Rs 81-crore fraud at the fintech unicorn, police sources said on Friday. The EOW filed an FIR against Mr Grover, Madhuri Jain and their family members Deepak Gupta, Suresh Jain and Shwetank Jain in May in …

1 year, 4 months ago

Ashneer Grover hits out at former SBI Chairman Rajnish Kumar

Live Mint

BharatPe former co-founder and managing director Ashneer Grover on November 17 hit out at former SBI Chairman Rajnish Kumar and accused him of "delivering nothing and creating a deflection to hide behind" in a post on social media platform X. This development comes after a public argument between BharatPe co-founder Ashneer Grover and CapitalMind founder and CEO Deepak Shenoy. Amid …

1 year, 8 months ago

Will Remove Article Carrying Ashneer Grover's Statements Against BharatPe: Entrepreneur Magazine To Delhi High Court

Live Law

US-based Entrepreneur magazine has told the Delhi High Court that it will remove all its publications relating to an article or cover story containing the allegedly defamatory statements made by former BharatPe Managing Director Ashneer Grover against the fintech company. The undertaking was given by Entrepreneur magazine before Justice Jyoti Singh on July 14 in a defamation suit filed by …

1 year, 8 months ago

Ashneer Grover makes first appearance on MTV Roadies 19, shuts down Gautam Gulati. Watch

Hindustan Times

Ashneer Grover, founder of BharatPe, who broke out on TV as an investor in Shark Tank India, has now made his inroads into MTV Roadies 19 as a guest judge. Ashneer Grover makes a grand entry on MTV Roadies 19 Ashneer's entry In a new promo of MTV Roadies 19, Ashneer Grover makes a grand entry. His comment was criticised …

1 year, 9 months ago

Delhi High Court refuses to stay investigation against Ashneer Grover, wife in Economic Offences Wing FIR

The Hindu

The Delhi High Court on June 1 refused to stay, at this stage, an investigation against BharatPe co-founder and former CEO Ashneer Grover, and his wife Madhuri Jain Grover, in a case of an alleged ₹81-crore fraud based on a complaint lodged by the fintech unicorn. The Judge issued notice on the petition by Mr. Grover and his wife seeking …

1 year, 9 months ago

Delhi HC denies stay on investigation against Ashneer Grover and wife

Live Mint

Delhi HC on Thursday refused to stay the investigation against Ashneer Grover and Madhuri Jain Grover in the FIR registered by Delhi Police based on a complaint by BharatPe, the company which has alleged that Grover and his wife were involved in a fraud amounting to ₹81 crore, according to a report published by Bar and Bench. The Economic Offences …

1 year, 10 months ago

Bombay HC grants relief to Sameer Wankhede till May 22 in corruption case

The Hindu

The Bombay High Court on Friday granted temporary relief to former Narcotics Zonal Director Sameer Wankhede by directing the Central Bureau of Investigation not to take any coercive action against him till May 22 in a corruption and extortion case against him, after he gave an undertaking to appear before the CBI office on Saturday. Mr. Wankhede, an Indian Revenue …

1 year, 10 months ago

Delhi HC orders Ashneer Grover, BharatPe against use of defamatory language

Live Mint

The Delhi High Court on May 16 asked Ashneer Grover and BharatPe to refrain from using unparliamentary and defamatory language against each other. Ever since his exit from the company in March 2022, Grover has been making defamatory statements against BharatPe, its co-founders, and the company’s board, particularly against Rajnish Kumar. The court directive comes a week after Delhi Police …

1 year, 10 months ago

Delhi Police registers FIR against BharatPe ex-MD Ashneer Grover for 'misappropriation of funds'

The Hindu

The Economic Offences Wing of the Delhi Police has filed an FIR against former BharatPe co-founder Ashneer Grover, his wife Madhuri Jain Grover and family members Deepak Gupta, Suresh Jain and Shwetank Jain for an alleged ₹81 crore fraud after a complaint by the fintech unicorn. BharatPe in the complaint alleged that Mr. Grover and his family caused damages of …

1 year, 10 months ago

FIR against BharatPe ex-MD Ashneer Grover, family

Live Mint

New Delhi: The Economic Offences Wing on Wednesday registered an FIR against former BharatPe managing director Ashneer Grover, his wife Madhuri Jain Grover, and family members, including Deepak Gupta, Suresh Jain, and Shwetank Jain. From the contents of the complaint and enquiry conducted so far, prima-facie offences punishable under Sections 406/408/409/420/467/468/471/120B IPC are made out,” the FIR copy reads, a …

2 years, 2 months ago

HC Issues Summons to Ashneer Grover on BharatPe’s Co-founder’s Plea Reclaiming Shares

News 18

The Delhi High Court Wednesday issued summons to payment app BharatPe’s former MD Ashneer Grover on a suit by the company’s co-founder seeking to reclaim the shares he transferred to his erstwhile colleague. Justice Prateek Jalan noted Grover’s counsel’s submission that he will file a reply to the suit and not create any third party rights to the 16,110 shares …

2 years, 2 months ago

BharatPe’s founder Koladiya sues Grover to reclaim shares

Live Mint

Bhavik Koladiya, the original founder of BharatPe, has filed a lawsuit against Ashneer Grover in the Delhi High Court. Koladiya is taking legal action against BharatPe’s co-founder and former managing director Grover “to get back his shares from him.” The matter has been listed before Justice Prateek Jalan in the Delhi High Court. However, six months later in December 2018 …

2 years, 2 months ago

Remain Courteous: Delhi HC Tells BharatPe, Former MD Ashneer Grover

News 18

The Delhi High Court on Monday advised payment app BharatPe and its estranged co-founder Ashneer Grover to be courteous to each other even after their falling out. Justice Navin Chawla, while hearing BharatPe’s lawsuit against Grover, its former MD, and his family members to restrain them from making allegedly defamatory statements, blamed social media for “bringing us down to this …

2 years, 2 months ago

BharatPe vs Ashneer Grover case: Delhi HC asks Grover to maintain decorum

Live Mint

The Delhi High Court on Monday told the counsel for former BharatPe managing director Ashneer Grover to ask him to maintain decorum and not to speak against the company’s chief officers. The court was hearing a civil suit filed by BharatPe on 8 December seeking ₹88 crore in damages and orders to restrain Grover and others from making defamatory statements …

2 years, 3 months ago

BharatPe Files Criminal Suit Against Ashneer Grover, Family; Know What Is The Case

News 18

Fintech unicorn BhartPe has filed a criminal suit against its former MD and co-founder Ashneer Grover and his family, seeking up to Rs 88.67 crore in damages for alleged cheating and embezzlement of funds. “Pass a decree of permanent injunction restraining the defendants and/or anyone on their behalf in any manner whatsoever from making defamatory/derogatory statements concerning the plaintiff, its …

2 years, 4 months ago

Delhi Excise policy scam case: CBI files 10,000-page chargesheet against 7 accused; Sisodia not named

India TV News

Delhi Excise policy scam case: The Central Bureau of Investigation on Friday filed a 10,000-page chargesheet against seven accused in connection with the Delhi Excise Policy scam case. Earlier on Thursday, the CBI moved Delhi High Court challenging the trial court's order granting bail to AAP communication strategist Vijay Nair and Hyderabad-based businessman Abhishek Boinpally in Delhi's Excise Policy case. …

2 years, 10 months ago

BharatPe sacks several employees, initiates action to retrieve Ashneer Grover's restricted shares

Firstpost

The steps have been taken by the company’s board following a detailed corporate governance review against the backdrop of alleged lapses and misdoings during the tenure of Grover as managing director New Delhi: Payments startup BharatPe on Tuesday said it has terminated several employees and vendors as well as filed criminal cases against them for misconduct besides deciding to claw …

2 years, 11 months ago

Ashneer Grover Asks BharatPe to Show Cause CEO for 'Despicable Behaviour'; Boardroom Drama Still On

News 18

BharatPe vs Ashneer Grover: BharatPe co-founder and former managing director Ashneer Grover has sent a letter to the payments firm’s board and sought apology from its CEO Suhail Sameer for his comments on LinkedIn against him and his sister Aashima. In his letter, Ashneer Grover said that Suhail Sameer’s words on social media were not only defamatory, but “also blatantly …

2 years, 11 months ago

Ashneer Grover 'Paisa Chura Liya', Says BharatPE CEO When Employee Asks for Salary

News 18

BharatPe vs Ashneer Grover: The row between finance company BharatPe and its erstwhile managing director Ashneer Grover refuses to take a halt even after a month has passed since the cofounder resigned from the company’s board. While scuffles between BharatPe CEO Suhail Sameer and Grover can often be seen online, this time it was LinkedIn that remained witness to a …

2 years, 11 months ago

’Ashneer stole all the money’: BharatPe CEO’s fresh jibe in never-ending saga

Live Mint

Hours after BharatPe co-founder Ashneer Grover took a dig at the company's CEO Suhail Sameer for maximum cash burn and first quarterly de-growth on Twitter, the latter fired back on another platform LinkedIn. Ashneer Grover's sister Aashima Grover replied to the post, saying BharatPe's top management is a "shameless bunch". To which BharatPe CEO Suhail Sameer hit back: "Tere bhai …

2 years, 11 months ago

Ashneer Grover Hits Out at BharatPe CEO and Chairman, Says 'Ab Nani Yaad Aayegi'

News 18

Ashneer Grover, the founder and former managing director of BharatPe, hit back at Rajnish Kumar, chairman and Suhail Sameer chief executive officer of the fintech company on Thursday, almost a month after his exit from the board. “So I just heard @bharatpeindia closed it’s first quarter of ‘degrowth’ and ‘maximum cash burn’ under able leadership of Rajnish Kumar and Suhail …

3 years ago

BharatPe-Ashneer Grover Controversy: Ministry of Corporate Affairs Looking At Board's Conduct

ABP News

New Delhi: The Ministry of Corporate Affairs has decided to look at how the board of BharatPe acted during its fight with Ashneer Grover, former managing director and co-founder of the fintech firm. Ashneer Grover resigned from his post at BharatPe last week after nearly two months of high drama where he locked horns with board members and key investors. …

3 years ago

BharatPe Board Not To Intervene In Bhavik Koladiya And Ashneer Grover Stake Issue

ABP News

New Delhi: As the Ashneer-BharatPe fight now on a legal course, the Board of the company is not going to intervene in a new controversy regarding the fintech company's original founder Bhavik Koladiya and his stake in the firm. Another co-founder Shashvat Nakrani has written a fresh letter to employees, saying that Ashneer tried to create a false narrative about …

3 years ago

BharatPe Co-Founder Nakrani Says Board Acted Decisively In Removing Ashneer Grover

ABP News

New Delhi: Shashvat Nakrani, co-founder BharatPe, has accused Ashneer Grover, another co-founder of the fintech firm, of creating a false narrative about the company and said the board acted quickly and decisively in unseating him after PwC report, according to a report in the PTI. Ashneer sent in his resignation late night on March 1, 2022 to the board, minutes …

3 years ago

A short history of events that led to Ashneer Grover’s resignation from BharatPe

The Hindu

The story so far: Fintech company BharatPe on March 2 removed co-founder Ashneer Grover from all positions of the company, accusing his family of extensively misappropriating the company’s funds. BharatPe said that external advisors had reviewed the company’s internal controls, and Mr. Grover resigned shortly after he was informed that these findings will be presented to the company’s Board. Early …

3 years ago

Ashneer Grover vs BharatPe: 5 key takeaways from boardroom fight at unicorn startup

India Today

The rise of Ashneer Grover and unicorn startup BharatPe was considered as an inspiring Indian entrepreneurs' success story till a rift between the co-founder of the company and board members snowballed into a major controversy. The payment startup hitback by stripping its co-founder Ashneer Grover of all positions for his alleged 'misdeeds' and may take further legal actions, including clawing …

3 years ago

BharatPe says Ashneer Grover used firm money to fund lavish lifestyle, removes him from all posts

India Today

Indian fintech firm BharatPe has removed Ashneer Grover from all positions in the company, including from his post of director on the board. In a statement, the company said that Ashneer Grover submitted his resignation as soon as he heard that the firm’s internal records would be reviewed by independent external advisors. “Ashneer Grover quickly shirked responsibility by sending an …

3 years ago

BharatPe board may take legal action against Ashneer Grover, alleges family 'engaged in misappropriation of funds'

Firstpost

Ashneer Grover is no longer an employee, a founder, or a director of the company, said a statement issued by BharatPe. BharatPe reserves the right to take legal action against the embattled co-founder Ashneer Grover who quit yesterday as managing director and board director, the company said in a detailed statement hours after an extensive late night board meeting. Bitter …

3 years ago

Ashneer Grover is 'No Longer a Founder' of BharatPe; Company Can Take Legal Action for 'Spinning Lies'

News 18

A day after Ashneer Grover resigning from BharatPe, the company’s board said that he is no longer an employee, a founder, or a director of the fintech firm. “As a result of his misdeeds, Mr. Grover is no longer an employee, a founder, or a director of the company,” the board said in a statement. Ashneer Grover, the embattled founder …

3 years ago

BharatPe removes Ashneer Grover from all positions over involvement in misappropriation of company funds

India TV News

BharatPe removes Ashneer Grover from all positions over involvement in misappropriation of company funds In an emotionally-charged letter addressed to the Board of Directors, Ashneer on Tuesday said that while they will not find a single act of impropriety against him, "I will not be participating in your charade". Highlights "Grover is no longer an employee, a founder, or a …

3 years ago

Ashneer Grover resigns from BharatPe, says was 'vilified'

Op India

Ashneer Grover, the co-founder of BharatPe, who was also one of the investors on TV program Shark Tank, has reportedly put down his papers amid a probe that is currently ongoing to investigate financial fraud at the company. In an e-mail sent to the company board late on February 28, Monday night, Ashneer Grover said he’s resigning from the fintech …

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