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Showing posts with label "Raymond founder". Show all posts
Showing posts with label "Raymond founder". Show all posts

Friday 18 August 2017

Raymond founder Vijaypat Singhania hospitalised after chest pain

New Delhi: Raymond founder Vijaypat Singhania, who has been in the news after media flashed a story about how he has become broke and now lives in a rented house due to his son's apathy, was hospitalised after he complained of chest pain.

Vijaypat Singhania had moved the High Court alleging that his son Gautam Singhania is refusing to fully honour an arbitration award over a property dispute among the family members.

Raymond Ltd has not yet given him possession of a duplex in the multi-storey JK House building in south Mumbai as per the award, Vijaypat Singhania's petition said.

Vijaypat Singhania has alleged in his petition that Gautam was occupying greater area in the JK House than he was entitled to. He also said that Raymond failed to respond to his offers of payment to get possession of the duplex.

Thus, he was left with no choice but to approach the HC, Singhania senior said, seeking the court's direction restraining Raymond from creating any rights in JK House, and appointment of a court receiver to take possession of the duplex apartments.

Source:-Zeenews

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