
A California court has ordered Zoho co-founder Sridhar Vembu to post a $1.7 billion bond in his ongoing divorce case with ex-wife Pramila Srinivasan. The court also appointed a receiver for US-based Zoho entities and personal assets, citing concerns over asset transfers that could prejudice Srinivasan's rights to marital property. The order aims to protect community assets acquired during their nearly three-decade marriage, as per California law. Vembu's public image contrasts with the court's findings regarding his actions in the divorce proceedings.
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