Escorts Ltd's vice-chairman Anil Nanda on Monday virtually rejected the peace offer by his elder brother Rajan to resolve the controversy surrounding the sale of Escorts Heart Institute and Research Centre equity, saying smoking a peace pipe would not make the deal legal.
"My stand has not changed. By smoking a peace pipe with me, this deal will not become legal," Anil told PTI when asked about Escort chairman's offer to buy peace before going ahead with the sale of equity in Escorts Heart Institute.
"No, he has not approached me so far...the only way to resolve it (controversy) is to convert the heart institute back into a charitable institution," he said on phone from Germany, thus practically making impossible a settlement without Rajan going back on his decision to sell 17.1 per cent of Escort's equity in the heart institute.
"My stand has not changed," Anil repeated when asked if he could consider softening his position or rethink his stand.
Anil's tough stand follows close on the heels of Rajan Nanda saying he wanted to first resolve the "family problem" before the controversial equity sale in Escorts Heart Institute.
As if to mollify an angry Anil, Rajan had said he might soon talk to his younger brother to discuss the entire issue.
"I have no differences of any kind with Anil...the sale of equity in EHIRC has not happened and will not be undertaken till the family problem is solved first," he said.
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