Ashneer Grover, the former managing director of BharatPe, tweeted on March 12, accusing the State Bank of India (SBI) chairman of being “petty people.” His tweet hinted at a negative experience with the SBI chairman and suggested that the Supreme Court had also faced similar issues, indicated by the use of a winking emoticon.
However, the Delhi High Court has directed Grover to remove this tweet within 48 hours, emphasizing that it could harm BharatPe’s reputation. The court deemed Grover’s tweet as “completely avoidable” and noted that it implied innuendo towards BharatPe’s chairperson, who is a former SBI chairman.
Furthermore, prior to this incident, Grover had written to the Reserve Bank of India (RBI) requesting an investigation into BharatPe’s shareholding. He alleged that the company had knowingly “defrauded” the central bank by reinstating Bhavik Koladiya, who had been convicted of wire fraud in the US. Grover also sought an investigation into whether BharatPe’s board and investors had manipulated Koladiya’s shares for their benefit.
1. Court Directive to Ashneer Grover: The Delhi High Court has instructed Ashneer Grover, the former managing director of BharatPe, to remove a tweet against the company within 48 hours. Additionally, Grover was ordered to delete another tweet where he referred to the SBI chairman in derogatory terms.
2. Reasoning Behind Court’s Order: The court emphasized that Grover’s actions could potentially harm BharatPe’s reputation. It deemed his tweet targeting the SBI chairman as “completely avoidable” and hinted at it being an indirect attack on BharatPe’s chairperson, who is a former SBI chairman.
3. Content of Ashneer Grover’s Tweet: Grover’s tweet, posted on March 12, criticized SBI chairmen, calling them “petty people” and implying some wrongdoing on their part, hinting at a negative experience with them. The tweet also referenced a Supreme Court case, suggesting a contentious history.
4. Letter to RBI Regarding BharatPe: Prior to the court’s directive, Grover had written to the Reserve Bank of India (RBI) requesting an investigation into BharatPe’s shareholding. He accused the company of deliberately deceiving the central bank by reinstating Bhavik Koladiya, who had been convicted of wire fraud in the US. Grover questioned whether the company’s board and investors had manipulated Koladiya’s shares for their benefit.
Ashneer Grover In summary, the court’s order demands Grover to retract his tweets against BharatPe and the SBI chairman within 48 hours, citing potential damage to the company’s reputation. Grover’s previous actions, including his letter to the RBI alleging fraudulent practices within BharatPe, hint at underlying tensions within the company and its leadership.
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