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VERIFIEDET Finance·negative
Succession battle breaks out at TVS as camps disagree over business division, family MoU
AI Summary
- ·Disagreements have emerged between Venu and Mallika Srinivasan's children regarding inheritance and family asset division.
- ·The conflict involves differing interpretations of a memorandum of understanding concerning asset management versus ownership.
- ·Significant differences in the market value of their respective companies have intensified the dispute.