Bhavik Koladiya Sues Ashneer Grover – Delhi HC Directs Ashneer Grover not to create any third-party rights on 16,110 Shares – roughly 3.10 percentage of his 8.43 percentage Shareholding

Mr. Bhavik Koladiya was represented by Mukul Rohatgi, Senior Counsel, Gaurav Pachnanda Senior Counsel, Akhil Sibal, Senior Counsel who were briefed by Sidhant Goel, Mohit Goel Deepankar Mishra and Karmanya Sharma from Sim and San – Attorneys at Law.In the latest development in the Ashneer Grover – BharatPe saga, ex-founder Bhavik Koladiya had filed a commercial suit in the Delhi High Court against Ashneer Grover alleging breach of the share purchase agreement dated 03 December 2018 and thus claiming title over 16110 Shares, which is approximately 3.10% shareholding of BharatPe. Currently, these shares are worth over INR 1000 Crores in value.