Fintech platform BharatPe on Monday said that there are no settlement talks going on between the company and its former founder and Managing Director Ashneer Grover.
BharatPe filed a fraud case against Grover and his family in Delhi High Court for allegedly siphoning off Rs 88.6 crore, which is currently ongoing.
In a statement to IANS, the company said that reports "suggesting any settlement between BharatPe and Mr Grover or his family are completely baseless and untrue".
BharatPe initiated legal proceedings against Grover and his family members by way of a civil suit at the Delhi High Court and criminal complaint with the Economic Offences Wing in December 2022 for fraud, misappropriation of funds, criminal breach of trust, forgery, document fabrication, and embezzlement.
"We have full faith in the country's judicial and legal systems," said BharatPe.
The Delhi High Court had earlier issued summons to Grover and his wife Madhuri Jain Grover on a suit filed by the company seeking to restrain them from making defamatory statements against the fintech firm, which has accused the couple of misappropriating funds.
Drugs valued at Rs 71 crore seized in Assam; 2 held
Heroin and highly addictive methamphetamine tablets, valued at Rs 71 crore, were seized during two separate operations in Assam's Kamrup district on Friday, officials said.
One held with cannabis worth Rs 15 Lakh in Sonamura
In a major breakthrough in Tripura Police’s ongoing crackdown on narcotics, a joint team led by Sonamura Police Station seized 325 kilograms of dried cannabis (ganja) from a house in Ananda Nagar village under Sepahijala district’s Sonamura Sub-division
BJP MP launches attack on Sonia Gandhi, Rahul Gandhi over National Herald case
The BJP Yuva Morcha staged a protest against Congress leaders Sonia Gandhi and Rahul Gandhi, accused in the National Herald case, in Agartala on Friday.
Two Bangladeshi women held at Agartala Railway Station
In a coordinated operation carried out on Thursday late night, two Bangladeshi women were arrested from Agartala Railway Station for illegally entering Indian Territory with the alleged intention of travelling to Mumbai via Kolkata.
2 minors among 315 arrested so far in connection with Murshidabad violence: Bengal Police report
A total of 315 arrests have been made so far in connection with the communal violence in Murshidabad district of West Bengal over protests against the Waqf (Amendment) Act last week, including two minors, confirmed the West Bengal Police in its report,
No plan to levy GST on UPI transactions over Rs 2,000: Govt
The Finance Ministry on Friday made it clear that the government is not considering any proposal to levy Goods and Services Tax (GST) on UPI transactions over Rs 2,000.
Tripura CM discusses state govt's key plans with HM Shah, JP Nadda
Tripura Chief Minister Manik Saha on Friday in separate meetings in New Delhi discussed important development plans of the state government with Union Home Minister Amit Shah and Health and Family Welfare Minister J.P. Nadda.
HM Amit Shah's 2026 deadline in sight as Sukma panchayat declared Maoist-free
This signalled a breakthrough in the government’s counter-insurgency and rehabilitation strategy. The mass surrender not only reflects a weakening of Maoist influence but also reaffirms HM Shah’s ambitious deadline as increasingly within reach.