The interim order was passed by the court on an application by Nakrani filed in his pending suit in which he has sought a declaration that the alleged oral agreement of July 2018 between him and Grover regarding 2447 shares in Resilient Innovations Private Limited (RIPL) stands rescinded and terminated in accordance with law and contract and, consequently, has become void.
The Delhi High Court on Friday refused to restrain payment app BharatPe's former MD Ashneer Grover from selling, transferring or creating any third-party rights in the shares sold to him by the company's co-founder Shashvat Nakrani.
Earlier this week, Economic Offences Wing (EOW) of the Delhi Police, in a status report to the Delhi High Court, said there were discrepancies in vendor invoices putting the focus back on the long-drawn saga between the Grovers and BharatPe, which started in January 2022, with both sides fighting a bitter and public battle in court.
Commerce and industry minister Piyush Goyal met senior executives from American tech giants such as Micron, YouTube and Tesla to outline opportunities in India during his four-day US tour.
The bank accounts of at least eight human resource (HR) consultancy firms involved with BharatPe for recruitment services have been found linked to relatives of former head of controls, Madhuri Jain, with some of these firms established to siphon funds from the fintech unicorn.