I dont thing there is no WAy out of this kinda situation.
I have seen many such types of cases.. this is a major issue in joint family businesses.
The Captian of the ship who runs the business is the prime guy.he has few sons..the captian sets up a great profit making venture which he and his sons milk for next 20 odd yrs.. then wen the captain is nomore.. and during the High income time the sons who actually are not responsible for the business setup but have enjoyed the high life and cream moneymaking yrs.. end up with such situation.
"MALHOTRAS SHOULD 1st PAUSE and just think" =>
1.What is more important - Peace of mind.. or the FALSE SHINES of HIGH LIFE which actually doesnot exits in their case.
2.clear the dispute with siblings.. even if there is less to be gain. what ever it may be
3. BE CLEAR WITH YOUR KIDS .. make them aware of situation.
4. Try to start a trading firm.. business...trade in their paste business products-services.
5. AVOID LOANS... dispose those half dozens credit cards.
The best INVESTMENT is
1. a FLAT in Mumbai with clear title and low montly rental.
2. A commercial property which can be rented to MNC or bank which gives good returns.
