BharatPe co-founder, Bhavik Koladiya had moved the High Court arguing that he transferred his shares to Ashneer Grover in December 2022 but that Grover never paid him for the same.
The order was issued by Justice Prateek Jalan in response to an interim application filed by Koladiya as part of his ongoing suit against Grover. The court stressed that Grover must refrain from making any third-party arrangements related to the shares until the conclusion of the legal proceedings. Delhi High Court Issues Restraining Order Against Ashneer Grover From Creating Third-Party Rights in BharatPe Shares.