New Delhi: The Supreme Court on Monday urged Rani Kapur, the mother of the late businessman Sunjay Kapur, and his wife, Priya Kapur, to consider mediation to resolve their dispute regarding the family trust. The court also advised the 80-year-old Rani Kapur that prolonged litigation serve little purpose.
The RK Family Trust, which holds a stake in automotive component manufacturer Sona Comstar, is the flagship company of the Sona Group. Rani claims to be the sole beneficiary and legatee of the entire estate of her late husband, Surinder Kapur, the founder of Sona Group, who died in 2015.
"Why are you all fighting? This litigation has started at 80...this is not the age to fight (for Rani). Go for mediation once and for all, from A to Z (parties). Otherwise, this is a waste," a bench comprising Justice JB Pardiwala and Justice Vijay Bishnoi said.
While issuing notices to Priya Kapur and others, the top court said, "It will be in the interest of all the parties concerned if they go for a mediation and try to resolve the disputes peacefully and equitably...We shall, if necessary, hear the matter on merits. However, first, we should make an attempt to convince the parties to go for mediation," the bench said.
Rani Kapur has moved the top court, wanting to restrain Priya Kapur and others from interfering with the estate, assets and related affairs under the Family Trust on grounds that the estate has not been preserved and there is a possibility of their dissipation.
The RK Family Trust, which holds a stake in automotive component manufacturer Sona Comstar, is the flagship company of the Sona Group. Rani claims to be the sole beneficiary and legatee of the entire estate of her late husband, Surinder Kapur, the founder of Sona Group, who died in 2015.
"Why are you all fighting? This litigation has started at 80...this is not the age to fight (for Rani). Go for mediation once and for all, from A to Z (parties). Otherwise, this is a waste," a bench comprising Justice JB Pardiwala and Justice Vijay Bishnoi said.
While issuing notices to Priya Kapur and others, the top court said, "It will be in the interest of all the parties concerned if they go for a mediation and try to resolve the disputes peacefully and equitably...We shall, if necessary, hear the matter on merits. However, first, we should make an attempt to convince the parties to go for mediation," the bench said.
Rani Kapur has moved the top court, wanting to restrain Priya Kapur and others from interfering with the estate, assets and related affairs under the Family Trust on grounds that the estate has not been preserved and there is a possibility of their dissipation.
