Karnataka High Court Refuses To Quash SFIO Case Against Razorpay Directors Over Chinese Loan App Network

The SFIO Case Against Razorpay Directors Harshil Mathur and Shashank Kumar survives, with the Karnataka High Court telling them “It is for the petitioners to come out clean in a full-blown trial” and holding that whether they discharged their fiduciary duties in onboarding an allegedly Chinese-controlled lending platform is a disputed question of fact. Bengaluru: […]