One of the biggest showrooms of Libas — a fashion brand made popular by designer Riyaz Ganji — at Peddar Road, is in trouble after a court order on the ownership of the property. Nishant Mahimtura — the chairman of the fashion brand — lost a rights battle to Rekha Vipin, the sister of his late mother. Further, half of the share of the property would go to Rekha and remaining share would be equally divided between Mahimtura and his sister. Rekha had filed a suit seeking a 50% share of the property in 2005 after the death of Labhuben. Rekha in her suit said that on the day of Labhuben’s death, Mahimtura entered her house and took over the possession.
Source: Hindustan Times October 24, 2017 05:15 UTC