Retired tycoon Vijaypat Singhania and son indicate they are ready for truce - News Summed Up

Retired tycoon Vijaypat Singhania and son indicate they are ready for truce


Retired business tycoon Vijaypat Singhania , who claimed he was deprived of his perks and was left without a house of his own due to his son, Gautam, has said he is ready for reconciliation. Gautam too has said he is trying to talk to his father.Gautam told Mumbai Mirror that he was too happy to sit across the table and address every concern as he was convinced his father, Vijaypat, was being misled by vested interests. “I am extremely pained to see the position my father has taken on the JK House matter, which has been explained to him on several occasions.My father expects me to go against the recommendations of company board and disregard shareholders' verdict on JK House. In a settlement, both have to give something and I have nothing to give. He is capable of doing such a thing, but my belief and my conscience say he will not," Vijaypat said.Gautam said his father was “deploying the media“ to resolve family matters.


Source: Economic Times August 14, 2017 06:45 UTC



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