Supreme Court Urges Mediation in Kapur Family Trust Dispute
The Supreme Court asked Rani Kapur and Priya Kapur to avoid actions that could impact ongoing mediation over a family trust dispute. Former Chief Justice of India, D Y Chandrachud, was appointed as the mediator. The court emphasized settling the case amicably to prevent a prolonged legal battle.
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The Supreme Court has intervened in a family trust dispute involving late industrialist Sunjay Kapur's heirloom. Justices J B Pardiwala and Ujjal Bhuyan advised the parties to refrain from actions that might disrupt the mediation process, supervised by former Chief Justice D Y Chandrachud.
Rani Kapur, Sunjay Kapur’s mother, expressed concerns regarding a board meeting of Raghuvanshi Investment Pvt Ltd, tied to significant corporate holdings, including the appointment of independent directors. The apex court suggested maintaining the status quo to avoid complicating the mediation.
The court underscored the necessity of resolving the issue amicably, noting the advanced age of Rani Kapur as a factor needing compassion. Any failure in mediation could lead to an extended legal battle, with the next court appearance scheduled for August 6.
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