 "Surinder Paul Kanwar")
Issues have surfaced in the family-held businesses of entrepreneur Raunaq Singh’s younger son, Surinder Paul Kanwar, over a family settlement dispute.
For over a decade, Surinder Kanwar and his sons, Sameer Kanwar and Sachit Kanwar, have been managing and operating the listed companies Bharat Gears and Raunaq EPC International.
On Monday, Bharat Gears issued a notification to the exchanges, stating that the company had received a memorandum of family settlement from Sameer Kanwar. However, this memorandum is being disputed by his father (Surinder Kanwar). The matter is sub judice, and the next hearing is scheduled for December 13, 2023.
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