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 article discusses in-depth the "Put Option" clause, which when included in a contract, gives one party the right but not the obligation to sell their shares to a third party for a predetermined sum.
A petition has been filed before Bombay High Court seeking return of shares lying with the National Stock Exchange, the national market regulator, after an approved intermediary with the NSE was declared as a defaulter
Warren Buffett s company received clearance to boost its 20% stake in Occidental Petroleum to as much as 50%, but it s not immediately clear how many more shares Berkshire Hathaway plans to buy or whether it will consider buying the entire company