Indrani Mukerjea had named 'sister' Sheena Bora as executor of her will
Amongst other details, the CBI will also have to explain how Indrani Mukerjea went from trusting her daughter Sheena Bora as the executor of her will to wanting her dead
Hundreds of news reports have waxed on about how Indrani Mukerjea shared an uneasy relationship with her daughter, Sheena Bora, whom she now stands accused of murdering. Many will find it hard to believe then, that at one point, Indrani had trusted Sheena enough to name her as one of the executors of her will.
The property mentioned in Indrani’s will is a 2,756.6-sq-ft area within the Phoenix mills compound in Lower Parel. Pic/Datta Kumbhar
mid-day has a copy of the will made by Indrani on September 17, 2004, in which she left her financial assets to her second daughter Vidhie (from her ex-husband and co-accused Sanjeev Khanna). It’s no surprise that she named her husband Peter as Vidhie’s guardian; not only did she trust him as her husband, Peter had also adopted Vidhie. But the will had a further provision: in case both Indrani and Peter died, Indrani’s mother Durga Ranee Bora and Sheena, would become the executors of the will and the guardians of Vidhie. It is, however, important to note that the will names Sheena as Indrani’s ‘sister’, and not her daughter, as was established once the murder came to light this year.
On January 7, 2011, Peter and Indrani had already drawn up a gift deed in which they named her as the beneficiary of their Worli home.
The property measures 1,085 sq feet (carpet area), with an open car park and a garage, and its value was estimated at R3.2 crore. Apart from this, Indrani’s will also names Vidhie as the heir to the rights to her assets.
The will details how on February 1, 2003, Indrani entered a 99-year lease for the possession of a space admeasuring 2,756.6 sq feet (built up area) within High Street Phoenix compound in Lower Parel, popularly known as Phoenix mills. In the will, Indrani named Vidhie as the sole heir to all the rights, title and interests in the premises.
Sources from M/s High Street Phoenix confirmed to mid-day that they had indeed entered a 99-year lease with M/s INX Media, which belongs to Indrani.
The will gave limited powers to Vidhie’s guardians, but the fact remains, Indrani still seemed to trust Sheena enough with this responsibility. So how did Sheena go from being a trusted family member to Indrani hating her enough to want to eliminate her? This is what the Central Bureau of Investigations (CBI) will have to explain as it seeks to prove Indrani’s motive in the murder.
Meanwhile, mid-day has also learnt that four months before Sheena’s murder, Indrani registered a leave and licence agreement for the Lower Parel property through one T Radhakrishna, who was given the power of attorney. The document was registered on January 18, 2012 at the Sub Registrar Office, Worli.
Terms of the will
>> In case of Indrani’s death, Peter would act as Vidhie’s guardian and the caretaker of the assets until she turned 21
>> If both Indrani and Peter died, then Sheena and Durga Rani Bora would become the guardians
>> If Vidhie had already attained the age of 21 years, she would manage her own financial affairs
>> However, the guardians would not have the power to sell or in any manner alienate or dispose of the property in any manner
>> The guardians would have to collect rent from sub-letting the property and then transfer the money to Vidhie’s account
>> Until Vidhie turned 25 years old, she would not be allowed to withdraw from this account without the supervision of another executor of the will — one Ajay Sharma