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Hinduja brothers battle over $11-billion family fortune in UK High Court

A 2014 letter that says assets held by one brother belong to all four is at centre of legal dispute; S P Hinduja's daughter to act on his behalf

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The brothers and their children run different companies across the world, with interests in banking (IndusInd Bank), automobiles (Ashok Leyland), business process outsourcing, chemicals, electricity generation, and media.

Dev Chatterjee Mumbai
The battle for control of assets in the Hinduja family has come out in the open, with ailing group patriarch S P Hinduja launching legal action against his brothers Gopichand (80), Prakash (75), and Ashok (69). A British high court has appointed Vinoo Hinduja, daughter of S P Hinduja (84), to act on his behalf.

The three brothers are seeking control of Switzerland-based Hinduja Bank and have relied on a 2014 letter signed by all of them that said the assets of the group were owned by them and each would appoint the others as their executors.

The bank’s ownership

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First Published: Jun 25 2020 | 1:08 AM IST

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