SUMMARY
With this, the former BharatPe MD Ashneer Grover has been barred from selling or creating any third party rights on the fintech unicorn’s shares transferred by ex-cofounder Bhavik Koladiya to him
In January 2023, Koladiya alleged that he transferred 1,611 shares of BharatPe (now 16,110 shares) worth INR 88 Lakh to Grover, but he never paid him for these shares
Grover has rejected the allegations and called the agreement for share transfer, referred to by Koladiya’s counsel, as forged and fabricated
The Delhi High Court on Tuesday (April 30) restrained former bharatpe
MD Ashneer Grover from selling or creating any third party rights on the fintech unicorn’s shares transferred by BharatPe cofounder Bhavik Koladiya to him.
The court permitted Koladiya’s plea for interim relief and said that the interim order would stay in place till the HC decides on the matter, Bar and Bench reported.
Koladiya has alleged that he transferred 1,611 shares of BharatPe (now 16,110…
