Ashneer Grover withdraws petitions against BharatPe, ending bitter feud

Ashneer Grover, co-founder and former managing director of BharatPe, has withdrawn his petition from the National Company Law Tribunal (NCLT), where he had accused the company’s board of mismanagement and oppressive conduct, as per the PTI report.

Grover’s decision to withdraw the plea came after he reached a settlement with BharatPe on September 30, 2024. During the hearing, his counsel submitted the settlement agreement to the Delhi bench of the NCLT along with the withdrawal request, the report added.