Court asks Ashneer Grover, wife to give Rs 80 cr security to travel to US

The Delhi High Court has issued directives to Ashneer Grover, co-founder of BharatPe, and his wife, Madhuri Jain Grover, former HR director at the payments firm, mandating them to furnish a security amounting to Rs 80 crore before their intended travel to the United States (US).

In its ruling on Friday (May 24), the court said that the security must be provided in the form of a property. Additionally, the court instructed the couple to submit their Emirates Card with the court, preventing any visits to the United Arab Emirates (UAE) due to their status as ‘golden visa’ holders. Golden visa is a 10-year residence permit granting foreign nationals the privilege to reside, work, or study in the UAE.