![[BharatPe 81 Crore Fraud Case] Delhi High Court Quashes Lookout Circular Against Ashneer Grover, Wife Madhuri](https://i0.wp.com/lawchakra.in/wp-content/uploads/2024/10/image-29.png?resize=447%2C367&ssl=1)
The Delhi High Court today (12th Nov) has quashed a lookout circular against Ashneer Grover and his wife Madhuri, following the nullification of an FIR related to alleged fraud and forgery valued at Rs 81.3 crore. The couple had faced legal challenges after internal investigations by BharatPe led to accusations of financial misconduct.
![[Bharatpe Fraud] Delhi HC Permits Former Founder Ashneer Grover, Wife Madhuri Jain to Travel to Doha and UK](https://i0.wp.com/lawchakra.in/wp-content/uploads/2024/09/image-2-1.jpeg?resize=447%2C367&ssl=1)
Justice Sanjeev Narula of the Delhi High Court has granted permission for former BharatPe MD Ashneer Grover and his wife, Madhuri Jain, to travel to the UK and Doha despite ongoing fraud allegations. Their travel is scheduled from September 28 to October 20, as they face an investigation into misappropriated funds totaling Rs 81 crores.
The Delhi High Court directed Ashneer Grover and his wife to provide a Rs 80 crore property security before traveling to the US. They were also prohibited from visiting UAE due to their golden visa status. The Economic Offences Wing opposed their travel request, citing concerns of owning properties abroad and being a flight risk. They are accused of a fraud worth Rs 81 crore at BharatPe.
The Delhi High Court granted Ashneer Grover and Madhuri Jain Grover permission to travel to the United States amidst ongoing legal proceedings. Specific travel dates were provided for each individual, and the Delhi Police was directed to submit their recommendations for imposed conditions. The couple faces allegations of fraud from fintech firm BharatPe.