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B’luru Court Bars Swiggy From Alienating ESOPs Of Terminated Executive

  • A Bengaluru civil court has temporarily restrained Swiggy from alienating or creating any charge on over 200 stock options held by a terminated executive.
  • The court set November 23 as the next date of hearing in the matter.
  • The executive filed a petition challenging his termination and annulment of employee stock option plans (ESOPs).
  • Swiggy is facing other troubles, including a probe by CCI for violating antitrust laws and IPO oversubscription.

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