The truce between the billionaire Hinduja family, which was agreed upon last year, has been thrown into doubt in a London court. Lawyers for patriarch Srichand said that the dispute between Gopichand Hinduja and his niece remained, and that the family was still haggling over the governance and succession planning of the business empire, some ten months later. The feud centers on a pact signed by the four Hinduja brothers in 2014 that “everything belongs to everyone and nothing belongs to anyone.” Gopichand had first claimed that the letter governed the succession planning for the conglomerate but agreed in June to effectively tear it up, saying that it was no longer legally enforceable against his elder brother. The family has been revealed to be deeply divided after details of court proceedings emerged.
The feud centers on a pact signed by the four Hinduja brothers in 2014 that “everything belongs to everyone and nothing belongs to anyone.” Gopichand, 83, had first claimed that the letter, signed by the brothers, governed the succession planning for the conglomerate but agreed in June to effectively tear it up, saying that it was no longer legally enforceable against his elder brother.
The feud within the Hinduja family revolves around a pact signed by the four brothers in 2014, which stated that “everything belongs to everyone and nothing belongs to anyone.” Gopichand Hinduja, who is 83 years old, initially claimed that this letter governed the succession planning for the conglomerate, but later agreed in June to effectively tear it up, stating that it was no longer legally enforceable against his elder brother, Srichand Hinduja. However, Srichand’s daughter Vinoo and Gopichand are still in dispute over what happened to the 2014 letter and how it may have been used.
