INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Raymond's Managing Director, Gautam Singhania, is facing allegations of assault from his estranged wife, Nawaz Modi
Modi claims that on September 9, Singhania assaulted her and one of their daughters in a fit of rage
According to Modi, this incident is one of three instances of assault she has endured at Singhania's hands
Modi revealed details of the tumultuous relationship while speaking at the launch event of her book on natural anti-ageing techniques,
according to a report published in the TheIndianSubcontinent.Legal sources close to Singhania have indicated that he intends to seek legal
recourse to protect his family's interests in response to the allegations.In a statement, Singhania expressed his desire to uphold his
family's dignity for the sake of his two daughters and refrained from making further comments, urging respect for his privacy.The public
revelation of the couple's discord initially gained attention when videos surfaced of Modi being denied entry to a company Diwali party
Shortly afterward, Singhania announced their separation on social media
Recent reports suggested that the two parties were engaged in negotiations, with Modi seeking 75% of Singhania's net worth as part of the
separation.Accroding to ET, Modi disclosed that the acrimony between them began in December 2022
Describing the September 9 incident, she stated that an argument over the use of a bathroom escalated into physical assault by Singhania,
resulting in injuries to both her and their elder daughter
Modi attempted to involve the police, but Singhania prevented their entry into their home
The intervention of their neighbors, the Ambanis, facilitated the registration of a non-cognizable complaint and her treatment at Reliance
hospital, where she was admitted to the intensive care unit.Following the incident, Modi and her two daughters left the house, and she has
since been living with her parents
Legal proceedings are under way, with both sides attempting to reach a settlement
Modi, 53, is seeking 75% of Singhania's $1.4 billion net worth for herself and their two daughters
In response, Singhania has suggested the establishment of a trust to manage the family's assets, with him serving as the exclusive trustee
However, Modi deems this proposition unacceptable.The Betrayal: Vijaypat Singhania's Unjust Treatment of His Own Flesh and Blood- Gautam
SinghaniaLegal advisers, including Haigreve Khaitan for Singhania and the Mumbai-based law firm Rashmi Kant for Modi, have been engaged in
Akshay Chudasama, managing partner at Shardul Amarchand Mangaldas - Co, is attempting to mediate between the two parties.In an effort to
secure financial stability for her daughters, Modi emphasized that her pursuit is grounded in her role as their mother and legal guardian
She recounted Singhania's past expressions of concern for their well-being and highlighted her current goal of seeking a fair settlement for
herself and her children, proposing a distribution that ensures their financial security.In addition to overseeing a network of fitness
centers known as BodyArt, Nawaz Modi, a pioneer in aerobics and wellness in south Mumbai, holds a position on the board of directors at
Raymond Ltd.WatchWhat Raymond MD Gautam Singhania, tweeted about his separation from wife Nawaz Modi after 32 years of marriage
