Ashneer Grover Addresses MCA Notice to BharatPe: Claims No Personal Involvement

In a recent development, the Ministry of Corporate Affairs (MCA) has issued a new notice to the prominent fintech company, BharatPe. Co-founder Ashneer Grover confirmed this update, taking to a social media platform to share his perspective on the MCA notice.

Grover expressed his contentment with the MCA’s active investigation into the concerns related to BharatPe. He stated that he is pleased that the ministry is taking a keen interest in the company’s affairs. However, he made it clear that he has already taken legal action by moving the National Company Law Tribunal (NCLT) against BharatPe.

Despite his involvement in the NCLT proceedings, Grover clarified that the MCA notice is directed solely at BharatPe and not at him personally. He emphasized that he has not personally received any notice from the ministry and asserted that it has nothing to do with him.

This statement from Ashneer Grover comes amid growing scrutiny on BharatPe’s corporate affairs, with regulatory authorities taking a closer look at the company’s operations. As the situation unfolds, it raises questions about the implications for BharatPe and its co-founder in the ongoing regulatory landscape.