Property Dispute Between Jagan Reddy, Sister Now High-Profile Legal Battle | Read
A feud over property between former Andhra Pradesh Chief Minister YS Jagan Mohan Reddy and his sister YS Sharmila has turned into a high-profile legal battle. Mr Reddy had written to the National Company Law Tribunal or NCLT, seeking to nullify her "illegal' transfer of shares in Saraswati Power and Industries Private Limited to herself and their mother YS Vijayalakshmi. He also wrote to her, accusing her of deceit and declaring that he has no intention of honouring a Memorandum of Understanding they had entered. After the contents of his letter became known, her written response to him has also gone public.
