Amid the ongoing dispute over Sunjay Kapur’s family trust between his mother Rani Kapur and wife Priya Kapur, the Supreme Court on Thursday declined to halt a board meeting of Raghuvanshi Investment Private Limited (RIPL) which owns a major part of the disputed estate of Sunjay Kapur.
The Supreme Court remarked that no one is in control of anything at present when it comes to RK Trust, or the Rani Kapur Family Trust, and associated companies to Sona Comstar as the matter is before mediation.
She contended that after the top court on May 7 asked parties to attempt mediation, RIPL issued a notice for a Board of Directors meeting on May 18. Rani Kapur said the agenda for the meeting included the appointment of two new independent directors and tweaks to its authorised bank signatories, and that this was against the spirit of the SC’s attempt to resolve differences through mediation.
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