Complex sentence: This character is loosely based on that of Michael Corleone and Bal Thackeray's son, Uddhav Thackeray; who has taken over his retired father's mantle as chief of the political party Shiv Sena.
Split into simpler sentences: This character is loosely based on that of Michael Corleone. It is also reportedly inspired by Bal Thackeray's son, Uddhav Thackeray; who has taken over his retired father's mantle as chief of the political party Shiv Sena.