Inside The Legal Battle Between IPO-Bound RentoMojo & Cofounder Ajay Nain
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Ajay Nain, cofounder and former COO of RentoMojo, has alleged in a petition before the NCLT’s Bengaluru bench that he was pushed out of the furniture and appliance rental startup through a misleading and undervalued share sale in 2023.
Nain has accused RentoMojo founder and CEO Geetansh Bamania and other senior executives of fraud, misrepresentation and misuse of control to force a minority shareholder exit.
He is seeking to declare his share sale void, reinstatement of his stake of about 9.41
Nain has accused RentoMojo founder and CEO Geetansh Bamania and other senior executives of fraud, misrepresentation and misuse of control to force a minority shareholder exit.
He is seeking to declare his share sale void, reinstatement of his stake of about 9.41
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