Dhaka, April 3 -- The wife of late founder of Transcom Group Latifur Rahman, their elder daughter and grandson have secured bail in four cases filed by younger daughter Shahzreh Huq amid a legal battle over the company's ownership.

Latifur's wife Shahnaz Rahman is Chairman of Transcom, elder daughter Simeen Rahman is the CEO, while Simeen's son Zaraif Ayaat Hossain heads the company's strategy and transformation.

The dispute came out in the open when Shahzreh accused the three and five Transcom officials of embezzlement of funds, unlawful possession of property, and illegal transfer of shares in three cases filed in February.

It took an even uglier turn when she accused Simeen, Zaraif and nine others of murdering Latifur's son Arshad W...