Vembu offers 50% of his Zoho shares to his wife amid divorce proceedings, she refuses
The recent news surrounding the divorce proceedings of billionaire Sridhar Vembu, the founder of Zoho, and his wife Pramila Srinivasan, has taken a dramatic turn. According to Vembu’s lawyer, Christopher Melcher, the billionaire has offered to give 50% of his shares in Zoho to his wife as part of their divorce settlement. However, in a surprising move, Pramila Srinivasan has refused the offer.
This revelation has sparked a heated debate about the intentions of both parties involved in the divorce proceedings. Vembu’s lawyer claims that the offer to give 50% of his shares in Zoho is a generous one, considering the company’s valuation and the fact that Sridhar has already transferred his interest in the family home to Pramila. However, Pramila’s lawyer has countered this claim, stating that the offer is not as straightforward as it seems.
The divorce proceedings between Sridhar Vembu and Pramila Srinivasan have been making headlines in recent weeks, with both parties accusing each other of trying to gain an upper hand in the settlement. The latest development in the case has added a new layer of complexity to the already contentious divorce battle.
According to Vembu’s lawyer, Christopher Melcher, the offer to give 50% of his shares in Zoho to Pramila was made in good faith, with the intention of resolving the divorce proceedings amicably. “Instead, she has claimed that Sridhar is trying to cheat her in the divorce,” Melcher said. “This makes no sense as Sridhar has already transferred his interest in the family home to her,” he added.
The fact that Pramila has refused the offer has raised questions about her intentions and what she hopes to achieve from the divorce settlement. Vembu’s lawyer claims that Pramila’s refusal of the offer is a clear indication that she is not interested in resolving the divorce proceedings amicably.
The divorce battle between Sridhar Vembu and Pramila Srinivasan has been ongoing for several months, with both parties accusing each other of various wrongdoing. The case has been making headlines in the media, with many people following the developments with great interest.
Sridhar Vembu is the founder of Zoho, a successful software company that has made a name for itself in the industry. The company’s valuation is estimated to be in billions of dollars, making Vembu one of the richest people in the world. The fact that he has offered to give 50% of his shares in the company to his wife as part of the divorce settlement is a significant development, and one that has sparked a lot of debate.
The refusal of Pramila to accept the offer has added a new layer of complexity to the divorce proceedings. It remains to be seen how the case will unfold in the coming weeks and months. One thing is certain, however – the divorce battle between Sridhar Vembu and Pramila Srinivasan will continue to make headlines, and people will be watching with great interest to see how it all plays out.
In the meantime, the court will have to decide on the validity of the divorce settlement and the distribution of assets between the two parties. The fact that Sridhar has offered to give 50% of his shares in Zoho to Pramila is a significant development, and one that will likely be taken into consideration by the court.
As the divorce proceedings continue, it is likely that more details will emerge about the case. For now, however, it is clear that the battle between Sridhar Vembu and Pramila Srinivasan is far from over. The fact that Pramila has refused the offer of 50% of Sridhar’s shares in Zoho has added a new layer of complexity to the case, and it remains to be seen how it will all play out in the end.
The news of the divorce proceedings between Sridhar Vembu and Pramila Srinivasan has sparked a lot of interest in the media, with many people following the developments with great interest. The fact that Sridhar has offered to give 50% of his shares in Zoho to Pramila is a significant development, and one that has raised questions about the intentions of both parties involved.
As the case continues to unfold, it is likely that more details will emerge about the divorce proceedings and the distribution of assets between the two parties. For now, however, it is clear that the battle between Sridhar Vembu and Pramila Srinivasan is far from over.
In conclusion, the divorce proceedings between Sridhar Vembu and Pramila Srinivasan have taken a dramatic turn, with Vembu offering to give 50% of his shares in Zoho to his wife as part of the divorce settlement. The refusal of Pramila to accept the offer has added a new layer of complexity to the case, and it remains to be seen how it will all play out in the end.
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