Delhi HC refers dispute between BharatPe, Ashneer Grover to arbitration

NEW DELHI: The Delhi High Court on Thursday referred a dispute between BharatPe, an online money transaction platform, and its former managing director Ashneer Grover to a sole arbitrator.

In its plea filed before the Delhi High Court, the fintech company alleged that Grover disclosed confidential information relating to BharatPe on social media platforms, in violation of the employment agreement.

Before the issue reached Delhi HC, responding to BharatPe’s notice to refer the matter to arbitration, Grover agreed on the formation of an arbitral tribunal but disagreed on the name of sole arbitrator.

In an earlier round of litigation, the Delhi High Court imposed a fine of Rs 2 lakh on Grover over blatant violation of earlier orders and assurances made by him to not post on social media defamatory posts against BharatPe.

It had asked Ashneer Grover as well as the officials of the fintech company not to speak in a “unparliamentary” or “defamatory” manner against one another.The Delhi High Court issued an order restraining Grover from making defamatory and derogatory statements against BharatPe, its office bearers, or officials, and asked Grover to remove his posts, including one calling the SBI Chairperson “petty”.