Posted 11/24/2023, 6:22:12 AM
Raymond founder regrets gifting control to son amid assault allegations and legal dispute with daughter-in-law
- Vijaypat Singhania handed 37% stake in Raymond to son Gautam, leading to later troubles
- Gautam separated from wife Nawaz Modi, who alleges assault; he denies allegations
- Vijaypat supports daughter-in-law Nawaz, says she can get 50% of assets under Hindu Marriage Act
- Nawaz demands 75% settlement, but Vijaypat says Gautam won't concede as he wants to "buy everything"
- Vijaypat regrets gifting Raymond control to Gautam, says son kicked him out and would be happy to see him "on the road"