Monday, June 24

Tag: radhika aggarwal

Know Why Sandeep Aggarwal Filed FIR Against Wife and ShopClues’ Co Radhika
News

Know Why Sandeep Aggarwal Filed FIR Against Wife and ShopClues’ Co Radhika

E-tailer ShopClues' founder Sandeep Aggarwal, had filed a FIR against his estranged wife and co-founder Radhika Ghai Aggarwal, co-founder and CEO Sanjay Sethi and Sethi’s wife Nupur Sethi three days ago, accusing them of cheating, criminal conspiracy and revoking his voting rights by fraudulently changing the pages of the documents he signed. The issue over the control surfaced nearly six months ago when Sandeep accused Radhika and Sanjay of thwarting his return to the company. Aggarwal had to give up his membership on board due to insider trading charges in the US in 2013. Recently the High Court gave its order that “no coercive steps be taken against the petitioner till the next date”, i.e. October 16 (the petitioner: Ghai Aggarwal and Sanjay Sethi). "The Honorable Court was ple...
ShopClues Founder Aggarwal Files Defamation Case Against Wife, Co-founder Over Role Downplay
News

ShopClues Founder Aggarwal Files Defamation Case Against Wife, Co-founder Over Role Downplay

NEW DELHI: ShopClues co-founder Sandeep Aggarwal today said he has filed a criminal defamation case against other co-founders -- Sanjay Sethi and estranged wife, Radhika -- in Delhi courts earlier this month alleging them of downplaying his role in creation of the online marketplace. The statement, issued by Sandeep's press team, comes a day after he made several allegations against Radhika in a series of Facebook posts. ShopClues was valued at over USD 1 billion last year. Its investors include GIC Pte Ltd, Tiger Global Managment LLC and Nexus Venture Partners. Apologising for the emotional outburst on social media and saying such acts will not happen again, the statement said, "Sandeep has been wronged on multiple counts by people he trusted the most. He is deeply hurt and while...