BharatPe fraud case: HC quashes lookout circular on Ashneer …
5 days ago · In its complaint, BharatPe alleged that Grover and his family caused damages to the tune of Rs 81.3 crore through illegitimate payments to bogus human resource consultants, inflated and undue payments through pass-through vendors connected to the accused, sham transactions in input tax credit and payment of penalty to GST authorities, illegal payment to travel agencies, forged invoices by ...
BharatPe fraud case: Delhi HC quashes lookout circular against …
5 days ago · The Delhi High Court has ordered the cancellation of a lookout circular (LOC) issued against Ashneer Grover, the former MD of payment app BharatPe, and his wife Madhuri Jain Grover, noting that the FIR lodged against them over allegations of cheating and forgery has already been quashed. Justice Sanjeev Narula passed the order on Monday after the court was informed that another bench of the ...
Ashneer Grover settles with BharatPe after ugly legal battle, ends …
Sep 30, 2024 · BharatPe has successfully reached a definitive settlement with its former co-founder, Ashneer Grover, effectively concluding years of legal disputes. Under the terms of this agreement, Grover will sever all associations with BharatPe …
Bharatpe: Latest Bharatpe News, Updates & Announcemaents
Indian fintech firm BharatPe has launched BharatPe One, an all-in-one payment product that integrates a point of sale (POS), QR code, and speaker into one device. The product will be launched in 100 cities in the first phase and 450 cities over the next six months.
BharatPe: BharatPe vs Ashneer Grover settlement: making sense …
Oct 1, 2024 · On Monday, Gurgaon-based fintech firm BharatPe settled all pending legal matters with its cofounder Ashneer Grover. The two parties had been in a protracted legal battle since 2022, when Grover and his wife Madhuri Jain were ousted from the company amid allegations of corporate governance lapses and misappropriation of funds.
BharatPe settles dispute with ex co-founder Ashneer Grover: What ...
BharatPe has settled its dispute with Ashneer Grover, who will no longer be affiliated with the company. His shares will be managed by a family trust, and both parties have chosen to withdraw ...
BharatPe funds misappropriation case: Delhi Police arrests …
Sep 20, 2024 · The Economic Offences Wing (EOW) of Delhi Police has arrested Deepak Gupta, the former Head of Procurement at Resilient Innovation, the parent company of BharatPe, in connection with an alleged misappropriation of company funds.
BharatPe in the News
14 Jun, 2023. BharatPe is Revolutionizing Fintech with AI-Driven Solutions. In a conversation with Ritesh Mohan Srivastava, Chief Data Scientist, BharatPe. Analytics Insight. Read more. 05 Jun, 2023. Fintech firm BharatPe appoints Kohinoor Biswas as Head of Consumer Lending.
bharatpe news: Independent probe finds financial irregularities at ...
Feb 4, 2022 · Bengaluru: A preliminary investigation by Alvarez and Marsal (A&M) commissioned by BharatPe ’s board has found fraudulent transactions including payments to non-existent vendors as well as irregularities of invoices being produced to substantiate spends.
BharatPe fraud case: Delhi HC quashes lookout circular against …
5 days ago · New Delhi: The Delhi High Court has ordered the cancellation of a lookout circular (LOC) issued against Ashneer Grover, the former MD of payment app BharatPe, and his wife Madhuri Jain Grover ...