The Hindu reports: Amid an ongoing court-monitored mediation process in the inheritance dispute involving late industrialist Sunjay Kapur’s estate, his 80-year-old mother, Ms. Rani Kapur, has moved the Supreme Court, accusing her daughter-in-law, Ms. Priya Kapur, of attempting a “forced takeover” of the disputed family assets.In her fresh plea before the apex court, the octogenarian has alleged that Ms.
Priya Kapur and others were continuing efforts to assume control over key companies and assets linked to the estate despite the Supreme Court’s May 7 order appointing former Chief Justice of India (CJI) D.Y. Chandrachud as mediator to facilitate a negotiated settlement. Supreme Court appoints former CJI D.Y.
Background
Chandrachud as mediator in Sanjay Kapur estate rowThe application was mentioned before a Bench of Justices J.B. Pardiwala and Ujjal Bhuyan on Tuesday (May 12, 2026), which agreed to hear the matter on May 14.“Looks like we have entered into an arena where the Mahabharata will look very small. We will look into it [application],” Justice Pardiwala remarked during the hearing, as senior counsels representing the rival factions referred to fresh allegations concerning the functioning of the family trust and a proposed meeting of the company’s board.Senior advocates Navin Pahwa and Vaibhav Gaggar, appearing for Ms.
Key facts
- Amid an ongoing court-monitored mediation process in the inheritance dispute involving late industrialist Sunjay Kapur’s estate, his 80-year-old mother, Ms.
- Rani Kapur, has moved the Supreme Court, accusing her daughter-in-law, Ms.
- Priya Kapur, of attempting a “forced takeover” of the disputed family assets.In her fresh plea before the apex court, the octogenarian has alleged that Ms.
What this means
Rani Kapur, submitted that Raghuvanshi Investment Private Limited (RIPL), which holds a controlling stake in the disputed family estate, had issued a notice convening a meeting of its Board of Directors on May 18.They contended that the meeting had been convened at the behest of Ms. Priya Kapur under the guise of complying with regulatory requirements applicable to Non-Banking Financial Companies (NBFCs), while the real objective was to appoint new independent directors, authorise fresh signatories for RIPL’s bank accounts, and secure control over the company’s investment decisions. Delhi HC freezes Sunjay Kapur assets amid inheritance disputeSenior advocate Gopal Jain, appearing for RIPL, opposed the allegations and submitted that the proposed meeting was necessitated by regulatory requirements applicable to NBFCs and was in compliance with Reserve Bank of India (RBI) guidelines.In her application, Ms.
Rani Kapur contended that the May 18 board meeting had been convened to bypass the mediation process initiated by the Supreme Court.“It is submitted that this notice has been issued at the behest of the Respondent No. 1 [Priya], along with her aides, being the Respondent Nos. Delhi High Court allows forensic examination of Sunjay Kapur’s willThe court was also informed that the “balance of convenience overwhelmingly” favoured Ms.
Originally reported by The Hindu. This story has been edited and re-presented by BRIC Team.
