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in /internet 1 month ago

Pramila Srinivasan filed for divorce in 2020, alleging that Sridhar Vembu abandoned her and their son, who has special needs, and secretly transferred key Zoho assets to relatives in India.

Zoho CEO Sridhar Vembu's Rs 15,000 Crore Divorce Among World's Costliest: Report - Featured Image

Zoho CEO Sridhar Vembu's Rs 15,000 Crore Divorce Among World's Costliest: Report

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TLDR

Zoho CEO Sridhar Vembu faces one of the world's costliest divorces, with a California court ordering him to deposit a $1.7 billion bond. His wife, Pramila Srinivasan, filed for divorce in 2020, alleging abandonment and secret transfers of key Zoho assets to relatives in India. Vembu denies the allegations, claiming the asset transfers were transparent and that he offered to transfer 50% of his shares to his wife, which she refused.

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