All assets of the K K Modi group are up for sale, tweets Lalit Modi

The investment banker will have a mandate to sell the companies to the highest bidder, he added

The battle over the assets of the late K K Modi, between his widow, Bina, and son, Lalit Modi, has taken another step.

In a series of tweets on Monday, Lalit Modi said all assets of the  group were on sale. Meanwhile, Bina Modi has been elected chairperson of Modi Enterprises. 
 

K K Modi died in November last year and a tussle began between wife and son. “The other three trustees wanted to continue running the business. But, I felt after my father's demise, the value will deplete. I voted for the sale,” Lalit Modi tweeted  He has stayed in London