Producer: Mehak Pal Editor: Sujata Singh
According to the reports, Nawaz Modi has demanded 75% of his fortune of $1.4 billion (approx. Rs 11670 crore) for the divorce settlement for herself and their two daughters, Niharika and Nisa.
Gautam Singhania and Nawaz Modi Singhania have appointed Haigreve Khaitan, a senior partner at Khaitan & Co., and Rashmi Kant, a Mumbai-based law firm, as their legal advisors.
Nawaz Modi Singhania is a director of Raymond Ltd and she also runs Body Art, a chain of premier fitness centres.
Apart from Gautam and Nawaz, the Singhania family has substantial stakes in Raymond through several different organisations.