What is the dispute between the billionaire Srinivasan family, which owns TVS?

Billionaire Venu Srinivasan's family dispute began after he said on October 11 that he'd separated the family's businesses between his children, Sudarshan and Lakshmi. On October 12, Lakshmi and Venu's wife Mallika said a 2024 MoU signed by the family divided leadership of Sundaram-Clayton and TVS, not ownership. Mallika and Lakshmi claim both children have equal rights over family's wealth.