That lack of succession planning can lead to the disintegration of families is part of lndian lore. The stories of the Ramayan and Mahabharat have succession at their core, while Aurangzeb’s ascent to the throne of the Mughal empire in the 17th century by killing elder brother Dara Shikoh is recorded history. In contemporary times, the demerger of the Dhirubhai Ambani-led Reliance Industries remains one of the biggest examples of corporate splits in the absence of a succession plan.
Click here to read more.