Zoho Founder’s Divorce Fight Escalates With Reported $1.7 Billion Bond Now Under Appeal
The contested bond stems from an emergency effort to preserve assets under California community property law.
Overview
- Multiple outlets report a U.S. court directed Sridhar Vembu to post a $1.7 billion bond to safeguard potential marital assets.
- Vembu’s U.S. lawyer calls the figure overstated, says the order is stayed and appealable, and argues the judge relied on inaccurate claims.
- Pramila Srinivasan alleges abandonment and unauthorized transfers of Zoho shares and intellectual property to Vembu’s siblings in India in violation of community property rules.
- Vembu denies the allegations, cites ongoing financial support and a prior transfer of their house, and his counsel says an offer of half his Zoho stake was rejected.
- The couple married in 1993, lived in California for decades, and the dispute intensified after Srinivasan’s late‑2024 ex parte filing following Vembu’s 2019 move to India.