TVS Family Faces Dispute Over Economic Asset Settlement
The Venu Srinivasan family is experiencing disagreements regarding the economic settlement of their assets. Lakshmi Venu and Mallika Srinivasan clarified that no agreement has been reached on asset distribution. They stressed that management roles do not imply division of economic interests. Their recent memorandum of understanding mainly covers brand usage and non-compete clauses.
Economic Times·



