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

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

NDTV
Thursday, August 22, 2024 03:21:47 PM UTC

Ashneer Grover and his wife allegedly committed financial irregularities when they were at the helm of the fintech platform.

The Delhi High Court today referred a dispute between BharatPe, an online money transaction platform, and its former managing director Ashneer Grover to a sole arbitrator.

In its plea filed before the Delhi High Court, the fintech company alleged that Mr Grover disclosed confidential information relating to BharatPe on social media platforms, in violation of the employment agreement.

Before the issue reached Delhi High Court, responding to BharatPe's notice to refer the matter to arbitration, Mr Grover agreed on the formation of an arbitral tribunal but disagreed on the name of sole arbitrator.

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