A day after fintech unicorn BharatPe accused its ousted managing director Ashneer Grover, and his household of embezzling firm funds to pay for private bills, Ashneer in his reply shared an incident with one other co-founder Shashvat Nakrani and allegedly uncovered his ‘Doglapan’.
Sharing the incident on Twitter, Ashneer wrote, “Doglapan: Shashvat (Co-Founder) to me. Bhai diploma poori karni hai. Ek saal workplace bunk kar ke IIT poora kar leta hoon. Secondary kara dena aur wage bhi mat rokna – investor ko mat batana. Shashvat to Board: No objection in submitting case towards Ashneer.”
Here is the tweet:
Earlier on the Thursday, fintech unicorn BharatPe filed an arbitration for clawing again Ashneer Grover’s restricted shareholding and founder title.
ALSO READ: BharatPe sues Ashneer Grover, his spouse for ₹88 crore over misusing funds, know particulars
The arbitration was filed underneath Singapore Worldwide Arbitration Centre (SIAC) guidelines, reported information company PTI. In case aid is is granted, Grover could lose his unvested shares and proper to make use of the founder title.
Grover, who BharatPe has accused of dishonest and embezzlement of funds, holds about 8.5 per cent of the corporate. Of this, 1.4 per cent will not be vested.
Additionally, BharatPe sued co-founder Ashneer Grover and Madhuri Jain Grover or damages price about ₹88 crores ($10.7 million), summon issued by the Delhi Excessive Court docket on 8 December famous.
The fees, put towards Ashneer, Madhuri and others embrace creating faux payments, enlisting fictitious distributors to offer companies to the agency and overcharging the agency for recruitment.
The agency has additionally fictitious distributors to offer companies to the agency that embrace legal breach of belief, forgery, doc fabrication, and embezzlement. If convicted, Grover faces a 10-year jail sentence.
Based on the summon, Ashneer, his spouse Madhuri and different members of the family have been requested to reply to BharatPe’s fees inside two weeks. The following listening to date has been set for 9 January, 2023.
With company inputs.
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Supply: Live Mint