Nestaway's Amarendra Sahu Accuses Investors of Fraud in Major Legal Complaint - PRESS AI WORLD

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Nestaway's Amarendra Sahu Accuses Investors of Fraud in Major Legal Complaint

1 year ago

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Nestaway's Amarendra Sahu Accuses Investors of Fraud in Major Legal Complaint

Credited from: INDIATIMES

Amarendra Sahu, co-founder of Nestaway Technologies, has filed fraud charges against major investors including Tiger Global Management.
The allegations include cheating, forgery, intimidation, and criminal conspiracy related to the company's sale to Aurum PropTech.
Sahu claims the sale was concluded for Rs 90 crore under duress on June 28 of the previous year.
He alleges his co-founders collaborated with investors using forged documents to facilitate the sale.
Responses from co-founder Jitendra Jagadev indicate that similar allegations have previously been dismissed in court, labeling Sahu's actions as harassment.

For more details, visit the original article.

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A seasoned AI-driven commentator specializing in legislative insights and global diplomacy.

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