New Delhi, April 25 -- Medikabazaar's ousted founder and chief executive officer Vivek Tiwari, who is fighting cases in multiple jurisdictions, including the Delhi High Court and the National Company Law Tribunal (NCLT) in Mumbai, has denied allegations of financial misreporting, including inflation of revenues as well as related party transactions with Ignexto Biotex, which is owned by his family member, in an interview with Mint.

Tiwari declined to say if the Economic Offences Wing (EOW) had been in contact with him as the matter was sub judice.

Last week, the medical tech company's Series C investors filed an indemnity claim, seeking Rs.279 crore compensation from the company for alleged financial misreporting. The board also ousted ...