According to the latest development in Sunjay Kapur's inheritance battle, the Delhi HC has reportedly issued an order to his mother Rani Kapur after wife Priya Kapur filed a petition for the dismissal of Rani's suit
Rani, Sunjay and Priya Kapur
In a latest development involving late industrialist Sunjay Kapur’s inheritance drama, the Delhi High Court issued notice to his mother, Rani Kapur, on Wednesday. This comes after Priya Sachdev filed an application for the dismissal of a civil suit instituted by her mother-in-law. For the unversed, Rani had earlier approached the court claiming that Priya had orchestrated a ‘fraudulent family trust.’
Priya Kapur seeks dismissal of suit
According ANI, the matter came up before Justice Mini Pushkarna, who granted Rani Kapur a time period of four weeks to file her response to the applications filed by Priya. The court further allowed Priya to file a rejoinder within two weeks thereafter.
In addition, the court issued notice to Rani Kapur on a separate application filed by Priya Sachdev claiming that her mother-in-law had committed perjury in the proceedings. Senior Advocate Akhil Sibal, who represented Priya, claimed that several allegations levelled in Rani Kapur’s suit were “utterly false".
Rani Kapur's allegations
In her plea, Rani Kapur has challenged the RK Family Trust Deed dated October 26, 2017, seeking cancellation of the trust and restoration of assets allegedly transferred to it. She has claimed that the trust was created without her informed consent and that she was excluded from assets that originally belonged to her.
According to her, the transactions took place when she was unwell after suffering a stroke and dependent on her son for managing her affairs, and that she was made to sign documents without understanding their legal implications.
Senior Advocate Vaibhav Gaggar, appearing for Rani Kapur, had earlier sought preservation of the estate, expressing concern that assets could be siphoned off. He alleged that Priya Kapur acted in haste and in a fraudulent manner in dealing with the estate. The plea was supported by some of the defendants, including Rani Kapur's daughter and the children of actor Karisma Kapoor.
These allegations were strongly denied by Priya Kapur. Senior Advocate Akhil Sibal had submitted that when Sunjay Kapur took charge of the company, it was incurring losses, and that through his efforts, the business was revived and eventually reached a stage where it could launch its IPO in 2021. He also questioned the maintainability of the suit, stating that a trustee cannot challenge a trust in law, and said that videographic evidence relating to the execution and notarisation of documents would be placed on record.
Earlier, the Court had issued summons to Priya Kapur and 22 other defendants in the civil suit, which concerns a trust said to be valued at several thousand crore rupees.
The Court had also observed that all relevant documents, including trust deeds, minutes of meetings and financial records, would have to be placed before it and that no material facts could be suppressed.
Rani Kapur has further alleged that she was the sole settlor, trustee and beneficiary of earlier family trusts and that the RK Family Trust was created without her knowledge or informed consent. She has claimed that the signatures attributed to her on the trust documents were not hers and that she was left with no share in the estate after her son's death in June last year, with a substantial portion of the assets going to Priya Kapur and the remainder to the children. The High Court has now fixed March 23 for further hearing on the matter.
(With inputs from ANI)
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