India, May 2 -- The Delhi High Court (HC) has sent Medikabazaar and the B2B medical supply chain startup's ousted cofounder Vivek Tiwari's ongoing case to arbitration.

This follows Tiwari approaching the HC in August last year after he was stripped of his position as CEO. In the petition, he alleged that his firing hurt his rights as a promoter and stopped him from being part of the company's daily work.

The HC's directions came as both sides agreed to sort the matter through arbitration.

During the hearing, Tiwari's counsel pointed to two agreements the former CEO had signed with the company - a shareholders' deal and an employment contract. These agreements include arbitration clauses.

While Tiwari chose former chief justice of Hima...