Delhi High Court Slaps Rs 2 Lakh Fine on Former Bharat Pe MD Ashneer Grover Over Derogatory Posts

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On November 28, the Delhi High Court imposed a Rs 2 lakh fine on Ashneer Grover, former Managing Director and co-founder of Bharat Pe, for sharing inappropriate posts about the company. Despite Grover’s assurance to the court that he would refrain from such behavior, the court dismissed Bharat Pe’s plea to prohibit him from posting defamatory content. The decision seemingly took into account Grover’s commitment to avoiding future misconduct and his apology.

Recent reports from Moneycontrol indicate that BharatPe filed a new case on November 23, seeking the court’s intervention to prevent Grover from disclosing confidential information about the company. The argument presented highlighted Grover’s ongoing obligation to confidentiality as outlined in his employment agreement.

Amidst an investigation into alleged financial irregularities at BharatPe, Grover, reportedly facing a lookout circular, and his wife Madhuri Jain were halted at Delhi international airport earlier this month. The Economic Offences Wing (EoW) of the Delhi Police issued the circular, with the couple about to embark on a vacation to New York.

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The EoW is currently probing complaints related to alleged payments at BharatPe to fake human resource consultancies purportedly operated by Grover and his family. Additionally, BharatPe has filed a civil suit against Grover, his wife Jain, and other family members, seeking over Rs 88 crore in damages, alleging misappropriation of funds.

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