Jagan and Sharmila Property Dispute Intensifies Over Illegal Share Transfers- October 2024

Jagan and sharmila property dispute

Jagan and Sharmila property dispute: YS Jagan and his sister Sharmila continue their property dispute over alleged illegal transfer of shares in Saraswati Power & Industries.

YS Jagan and Sharmila property dispute- Jagan Moves NCLT Over Share Transfers

YS Jagan Mohan Reddy has moved the National Company Law Tribunal (NCLT) against his sister YS Sharmila and their mother YS Vijayamma, accusing them of deceitfully transferring shares of Saraswati Power and Industries Private Limited.

Sharmila’s Alleged Role in the Dispute

Jagan’s office alleges that Sharmila, with the help of their mother, transferred the shares into her name without following legal protocols. This dispute has further intensified the political tensions between the siblings.

Ongoing Political Drama in Andhra Pradesh

The property dispute has raised political tensions in Andhra Pradesh, with both sides trading charges. The case continues to draw attention as it unfolds in court.

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