Garware widow asked to vacate SoBo flat
In a setback to socialite Ramona Bruno, widow of industrialist Jaideep Garware, the chief metropolitan magistrate has asked her to vacate a 5,000-sq-ft Warden Road flat, which was owned by erstwhile Garware Paints.mumbai Updated: Jul 31, 2012 01:47 IST
In a setback to socialite Ramona Bruno, widow of industrialist Jaideep Garware, the chief metropolitan magistrate has asked her to vacate a 5,000-sq-ft Warden Road flat, which was owned by erstwhile Garware Paints.
The property was in dispute ever since Deve Paints took over Garware Paints 18 years ago. The former had moved the chief metropolitan magistrate court seeking direction against Bruno to vacate the house.
The south Mumbai apartment, flat 9A in Somerset Palace building, is estimated to be worth over `20 crore.
Confirming the development, Deve Paints counsel Nishit Dhruva said the company is still to initiate the process to get the flat vacated. Dhruva stated that the court has directed her to vacate the flat with immediate effect and has also given the liberty to use police force if she fails to comply.
According to Deve Paints, the flat had been given to Ramona’s late husband as joint managing director of the company. Deve Paints, which has been declared a sick industrial unit by the Board for Industrial and Financial Restructuring, contended that the Garware family ought to have vacated the company owned premises immediately after Garware’s resignation in 1994.
First Published: Jul 31, 2012 01:46 IST