Rani Kapur Seeks Supreme Court Intervention in Family Trust Dispute
Rani Kapur moves SC to bar Priya Kapur from trust affairs in estate dispute
The Economic TimesImage: The Economic Times
Rani Kapur has approached the Supreme Court of India to prevent her daughter-in-law, Priya Kapur, from interfering in the RK Family Trust and related companies amid an inheritance dispute over the estate of late industrialist Sunjay Kapur. Rani alleges that Priya is attempting a forced takeover of family assets.
- 01Rani Kapur is seeking to restrain Priya Kapur from trust affairs.
- 02The RK Family Trust is linked to the estate of late industrialist Sunjay Kapur.
- 03Rani claims to be the sole beneficiary of her late husband's estate.
- 04Rani alleges Priya's actions are an attempt to take control of family assets.
- 05The Supreme Court has appointed a mediator to resolve the disputes.
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Rani Kapur has filed an application with the Supreme Court of India to bar her daughter-in-law, Priya Kapur, from interfering with the RK Family Trust and its associated companies, including Raghuvanshi Investment. This move comes ahead of a court-monitored mediation process regarding the inheritance of late industrialist Sunjay Kapur's estate. Rani alleges that Priya is attempting a forced takeover of family assets and has requested the court to stop an upcoming board meeting of Raghuvanshi Investment, where new independent directors are to be appointed. Rani claims to be the sole beneficiary of the estate of her late husband, Surinder Kapur, the founder of the Sona Group, and has labeled the family trust as illegal and fraudulent. The Supreme Court has agreed to hear Rani's plea, emphasizing the urgency of the matter.
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The dispute may affect the management and operations of the family businesses linked to the RK Family Trust, impacting employees and stakeholders.
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