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Bengaluru court issues notice to Sequoia, others in defamation suit by Algo Legal†report
Hearing the INR 1 crore defamation suit by Algo Legal and its founder Sandeep Kapoor, a Bengaluru City Civil and Sessions court has issued notices to defendants Sequoia Capital, Twitter and a number of media outlets including Hindustan Times and Times of India. However, the court refused a gag order on publication of articles related to Algo Legal. While Sequoia Capital India cut ties with its long-time legal partner last week, reports speculated that Algo Legal had coerced some Sequoia portfolio companies into paying higher fees with threats of investigations from government officials. These reports attracted the defamation suit and the interim appeal for an injunction order.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.