This Wednesday, the Economic Offences Wing (EOW) filed an FIR against ex-BharatPe managing director Ashneer Grover, his wife Madhuri Jain Grover. They also complained against their family members, including Deepak Gupta, Suresh Jain, and Shwetank Jain.
The FIR is filed against the involved parties under eight sections of criminal offences which consist 409, 420, 467, 120B and many more. The complaint was received at EOW. The inquiry has already started and therr were several allegations levelled against them.
As per the source informed Mint, “From the contents of the complaint and enquiry conducted so far, prima-facie offences punishable under Sections 406/408/409/420/467/468/471/120B IPC (Indian penal code) are made out.”
Ashneer was subjected of five lawsuits within 6 months. Earlier he was caught up in a legal battle with BharatPe after reports of financial irregularities was found in January 2022. As a conclusion, he was thrown from the company.
In December 2022, the Delhi-based entrepreneur filed a criminal FIR against Ashneer and his family with the EOW of Delhi Police, alleging fraud of ₹81.28 crore. He was accused of criminal breach of trust, conspiracy, cheating, forgery and destruction of evidence.
FIR registered against BharatPe ex-MD #AshneerGrover for fraud of Rs. 81.28 crore@GossipsTv
— GossipsTv(GTv) (@GossipsTv) May 11, 2023
In the exact month, BharatPe also filed a civil case with the Delhi High Court, demanding over ₹88.67 crore in damages from Ashneer and family under various ground.
Zulfiquar Memon, the managing partner of MZM Legal LLP quoted,”After a detailed complaint was filed with the EOW, a thorough inquiry was conducted with voluminous documents on record. We are glad that cognizance has been taken and an FIR is now registered against Ashneer, his wife and others”.