Login

News Post

Co-working firm Innov8 goes into arbitration with Rahul Yadav's 4B Networks for unpaid dues

Money ControlMoney Control ¡ 1y
Co-working firm Innov8 goes into arbitration with Rahul Yadav's 4B Networks for unpaid dues

Rahul Yadav, the founder of 4B Networks, is facing mounting legal troubles, including arbitration and criminal cases. In addition to his arbitration dispute with Info Edge, it's revealed that 4B Networks and Yadav are also in arbitration with Innov8 over unpaid rent of Rs 1.08 crore for an office space. Innov8 has filed a criminal case under the Arbitration and Conciliation Act after failed attempts to resolve the issue. Another arbitration case involving 4B Networks is also facing difficulties, with Yadav requesting more time for understanding the arbitration case with Info Edge. A criminal case has also been filed against Yadav by an ad agency for Rs 10 crore in unpaid dues.

13
View Source

Comments

More Like this

Delhi HC says Rahul Yadav’s 4B Networks’ right to respond in arbitration plea by Innov8 stands closed

Delhi HC says Rahul Yadav’s 4B Networks’ right to respond in arbitration plea by Innov8 stands closed

Info Edge initiates forensic audit into Rahul Yadav's startup 4B Networks.

Info Edge initiates forensic audit into Rahul Yadav's startup 4B Networks.

Rajasthan vendor lodges FIR against 4B Network's Rahul Yadav alleging fraud

Rajasthan vendor lodges FIR against 4B Network's Rahul Yadav alleging fraud

Info Edge’s notional loss from Rahul Yadav’s 4B Networks stands at Rs 532 crore

Info Edge’s notional loss from Rahul Yadav’s 4B Networks stands at Rs 532 crore

4B Networks' Rahul seeks anticipatory bail in ₹10 crore fraud case

4B Networks' Rahul seeks anticipatory bail in ₹10 crore fraud case

Info Edge reports INR 532 Cr loss on 4B Networks Investment

Info Edge reports INR 532 Cr loss on 4B Networks Investment

Info Edge, Rahul Yadav’s 4B Networks to enter arbitration after startup fails to provide information for forensic audit

Info Edge, Rahul Yadav’s 4B Networks to enter arbitration after startup fails to provide information for forensic audit

Why Amazon is betting $4B on Anthropic’s AI success

Why Amazon is betting $4B on Anthropic’s AI success

Amazon doubles down on Anthropic, completing its planned $4B investment

Amazon doubles down on Anthropic, completing its planned $4B investment

Bharti to acquire 24.5% stake in BT worth $4B

Bharti to acquire 24.5% stake in BT worth $4B

Download the medial app to read full posts, comements and news.