'Everything can be resolved, but my husband's legacy is not up for sale.'
The Supreme Court on Friday refused to pass any order on a plea alleging that former IPL commissioner Lalit Modi made "scurrilous" remarks against former attorney general and senior advocate Mukul Rohatgi in a social media post.
The Supreme Court on Monday appointed former apex court judge Justice R V Raveendran as a mediator to settle the family property dispute involving businessman and former IPL head Lalit Modi and his mother Bina Modi. The apex court observed that counsel appearing for both sides agreed that they would go without any pre-condition and with an open mind to settle the dispute in mediation. "....We also think the issue can be resolved by way of mediation," a bench headed by Chief Justice N V Ramana said. "Accordingly, we appoint Justice R V Raveendran, a retired judge of this court, to mediate and settle the dispute," said the bench, also comprising justices Krishna Murari and Hima Kohli.
The world is full of family businesses that withered away with the passing of generations, creating much bitterness and ill will. Entire clans that used to be household names have become pale shadows of their once-mighty empires.
The company on Wednesday said the offer was withdrawn before it could be considered by its board.
Contrary to reports of strained relations between them, industrialist K K Modi on Tuesday extended financial support to his son, suspended Indian Premier League commissioner Lalit Modi, although he said the problems were not unexpected.
Godfrey Phillips, controlled by his father K K Modi, paid Rs 1.7 crore despite him not attending a single board meet
Phillip Morris says its research shows that the product while giving the same delivery of nicotine to smokers, does not produce the toxic and carcinogenic effects of cigarette smoking known as harmful and potential harmful constituents.
Banner Healthcare on Monday announced a tie-up with K K Modi Group company Healthcare Placements India Pvt Ltd for recruiting nursing professionals from India.
The Rs 2,500 crore K K Modi group on Tuesday made a foray into the fast-growing cosmetics market, eyeing a ten per cent share of the Rs 800 crore segment.
Prakash Bhandari chalks the journey of Lalit Modi from his troubled adolescent days to his mid-life crisis, from his grand success at the India Premier League to his dramatic exit from it
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