YS Sharmila Archives - Vizag One https://www.vizagone.com/tag/ys-sharmila/ Visakhapatnam - City of Destiny Wed, 30 Oct 2024 00:12:27 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://www.vizagone.com/wp-content/uploads/2023/11/cropped-vizagone-logo-500x500-jpg-32x32.jpg YS Sharmila Archives - Vizag One https://www.vizagone.com/tag/ys-sharmila/ 32 32 YS Vijayamma Addresses Fans on Property Dispute Between YS Jagan and YS Sharmila https://www.vizagone.com/news/ys-vijayamma-addresses-fans-on-property-dispute-between-ys-jagan-and-ys-sharmila/ https://www.vizagone.com/news/ys-vijayamma-addresses-fans-on-property-dispute-between-ys-jagan-and-ys-sharmila/#respond Wed, 30 Oct 2024 00:11:57 +0000 https://www.vizagone.com/?p=32941 Amid growing tensions over a property dispute between her children, Andhra Pradesh CM YS Jagan Mohan Reddy and APPC President YS Sharmila, their mother YS Vijayamma has addressed fans, urging them to understand the family's struggles and avoid spreading misinformation. In an emotional letter, she expressed the pain of witnessing disputes within the family and appealed for respect.

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In a heartfelt letter addressing supporters of the late Dr. YS Rajasekhar Reddy, YS Vijayamma, mother of Andhra Pradesh Chief Minister YS Jagan Mohan Reddy and Andhra Pradesh Congress Party (APPC) President YS Sharmila, has opened up about the distressing family property dispute. Her emotional message pleads with fans to respect the family’s privacy and refrain from spreading false information.

The letter, written to “every heart that loves Rajasekhar Reddy,” reveals her disappointment as she watches the discord unfolding between her two children. Vijayamma expressed that, despite efforts to prevent it, situations beyond her control have led to a public dispute over property inheritance.

Reflecting on her late husband’s legacy, she said, “Rajasekhar Reddy loved and cherished everyone equally, and he worked tirelessly for the welfare of Andhra Pradesh.” Vijayamma mentioned how her family was once united, but the current conflicts are deeply painful for her as a mother. She stated, “I don’t want to bring this up, but circumstances have forced me to address this openly.”

A Plea for Understanding and Truth

In her letter, Vijayamma clarified several facts surrounding the inheritance issues, emphasizing that YS Jagan and YS Sharmila each have an equal right to their father’s assets. She confirmed that no properties were officially distributed while her husband, YS Rajasekhar Reddy, was alive. “All properties were considered family assets,” she affirmed, “and after YSR’s passing, it was Jagan’s responsibility as the elder son to manage them.”

Details of the Dispute

Vijayamma outlined how, as per a 2019 Memorandum of Understanding (MOU), the properties were divided with Jagan holding a 60% share and Sharmila a 40% share, reflecting their long-standing family understanding. Despite this agreement, the property division is now being questioned, with Sharmila reportedly seeking clarity on the assets due to her. “The MOU clearly gave Sharmila her share, which Jagan acknowledged,” Vijayamma wrote, expressing frustration over misrepresentations in the media.

She also shared how Sharmila had dedicated herself to supporting Jagan’s political career, contributing tirelessly to his success. “Even in politics, Sharmila worked selflessly for Jagan,” she noted, adding that it is difficult as a mother to witness disputes between her children.

Her Belief in Resolution

Vijayamma concluded her letter by urging fans and supporters to respect the family and avoid speculations on social media. “If you truly love this family,” she said, “please do not speak ill or spread unfounded rumors.” She expressed her belief in God, hoping that with divine guidance, her children will find peace and resolve their differences.

A Final Word to Fans

“Had YSR been here, none of this would have happened,” she reflected, remarking that these disputes would not have arisen if her husband were alive to guide the family. She assured supporters that her love for both her children remains steadfast and that she is speaking out only to put an end to the misunderstandings.

YS Vijayamma’s letter is a poignant reminder of the enduring legacy of Dr. YS Rajasekhar Reddy and the importance of familial unity amid challenging times.

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Political Property Dispute: YS Jaganmohan Reddy vs. YS Sharmila – A Family Feud Unfolds https://www.vizagone.com/news/political-property-dispute-ys-jaganmohan-reddy-vs-ys-sharmila-a-family-feud-unfolds/ https://www.vizagone.com/news/political-property-dispute-ys-jaganmohan-reddy-vs-ys-sharmila-a-family-feud-unfolds/#respond Thu, 24 Oct 2024 00:50:10 +0000 https://www.vizagone.com/?p=32127 A contentious property dispute has erupted between Andhra Pradesh's political siblings, YS Jaganmohan Reddy and YS Sharmila, raising questions about family loyalty and political ambitions. Former CM Jaganmohan Reddy's legal notice against his mother regarding share transfers has intensified tensions, leading to an examination of their original agreements. Will this feud impact their political futures?

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A recent property dispute has ignited a fierce conflict between political siblings YS Jaganmohan Reddy and YS Sharmila in Andhra Pradesh. The two have become embroiled in a legal battle that underscores the complexities of their family dynamics and political rivalry.

Former Chief Minister YS Jaganmohan Reddy has issued a legal notice to his mother, Vijayamma, concerning the unauthorized transfer of his company’s shares. The rift deepened when Sharmila responded forcefully, demanding the cancellation of the property transfer agreement. With both sides expressing their grievances, speculation arises about the underlying political motivations driving Jagan’s actions. Is there a fear of unresolved legal cases influencing these developments?

Background of the Dispute

Jaganmohan Reddy has approached the National Company Law Tribunal (NCLT) to annul a gift deed he granted to his mother, which involved a 1% share in Saraswati Power and Industries Company. This share was transferred to Sharmila without Jagan’s consent, prompting his legal action. Holding 99% of the shares in the company, Jagan asserts that this transfer is illegal, especially given the ongoing investigations by the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) into the family’s assets.

In a 2019 memorandum of understanding, Jagan had promised to transfer 49% of his shares in Saraswati Cements to Sharmila, contingent upon the resolution of ongoing legal issues. However, the court’s restrictions on the sale or transfer of assets under investigation have complicated matters. Sharmila previously managed to secure a share transfer based on the 2019 agreement, raising legal concerns about the validity of these transactions.

Legal Implications

Jagan’s legal team has raised alarms about the implications of Sharmila’s recent actions, asserting that the transfer of shares, especially those under legal attachment, could have severe repercussions for him, including potential bail violations. In light of this, Jagan promptly notified both his mother and sister about the alleged illegal transfer and expressed his objection to the breach of trust.

As tensions escalate, Sharmila and Vijayamma have sought recourse at the NCLT, arguing against Jagan’s claims and the proposed cancellation of the transfer agreement. Sharmila’s stance emphasizes that the head of the family should manage asset distribution fairly among heirs, reinforcing her commitment to pursue legal action if necessary.

Political Ramifications

Political analysts are closely monitoring this family feud, questioning its implications for both Jagan and Sharmila’s political careers. While Sharmila denies that her actions are politically motivated, the intersection of family disputes and political dynamics cannot be ignored. The ongoing saga is capturing public attention, with discussions around the legacy of their father, YSR, intensifying.

The letters exchanged between the siblings have become fodder for political commentary, suggesting that underlying tensions have been brewing for some time. As this conflict unfolds, it remains to be seen how it will affect their political standings and family unity.

Conclusion

The property dispute between YS Jaganmohan Reddy and YS Sharmila is a complex interplay of family loyalty, legal obligations, and political ambitions. As both parties prepare for potential legal battles, the citizens of Andhra Pradesh watch closely to see how this saga will unfold and what implications it holds for the future of their leadership.

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