The battle among UK-based Hinduja brothers has reached the High Court of England. The eldest brother, Srichand, represented by his daughter Vinoo, wants the court to declare illegal a letter in which the four Hinduja brothers “appoint each other as their executors”.
The other three brothers maintain that their group is collectively-owned — “everything belongs to everyone and nothing belongs to anyone”. Stakes are high and no resolution is in sight. This dispute yet again highlights the need to focus on an important aspect of family business ...
TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST Rs
Key stories on business-standard.com are available to premium subscribers only.
Already a premium subscriber? LOGIN NOW
First Published: Wed, June 24 2020. 22:27 IST
Copyrights © 2020 Business Standard Private Ltd. All rights reserved.
