![[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 (Oct 7) informed that fintech firm BharatPe, its former co-founder Ashneer Grover and his wife Madhuri Jain Grover have settled their disputes in a case of an alleged Rs 81 crore fraud. The parties urged Justice Chandra Dhari Singh to quash the FIR lodged against Grover and his family in light of the September 30 settlement agreement. Court listed the matter on October 8.
The Delhi High Court concluded Shashvat Nakrani’s appeal against the ruling pertaining to the sale of shares to Ashneer Grover. The court expedited trial proceedings, establishing deadlines for framing issues and recording evidence under a single judge’s supervision. Despite this, the legal matters remain unresolved. Nakrani’s plea to restrain Grover from selling or transferring shares was originally dismissed, sparking the ongoing dispute.