Ashneer Grover has withdrawn the oppression and management plea filed against BharatPe and its board of directors in the National Company Law Tribunal (NCLT).
Grover also withdrew a plea from the National Company Law Appellate Tribunal (NCLAT), where he had sought his reinstatement as managing director of the company.
He had previously sought the board of Resilient Innovations Pvt Ltd to be declared illegal.
Following the settlement of the legal dispute, Grover will no longer have any association with BharatPe or hold any shareholding pattern in the company.