The Delhi High Court has urged the family of the late industrialist Sunjay Kapur, including his mother, wife, and other relatives, to resolve their estate dispute peacefully, emphasizing the importance of family relations and preventing financial wealth from becoming a source of conflict.
Karisma Kapoor's children, Samaira and Kiaan Raj, have challenged their late father Sunjay Kapur's will in the Delhi High Court, citing the use of feminine pronouns to describe him in the document. They claim the will, reportedly worth Rs 30,000 crore, is not authentic and accuse their stepmother, Priya Kapur, of forgery.
The mother of late billionaire industrialist Sunjay Kapur, Rani Kapur, has raised serious questions over the circumstances surrounding her son's sudden death in London last month.
In her letter to the Sona BLW board, Rani Kapur said documents executed by her at a time of "mental and emotional vulnerability" were being misused.
Indian automotive industry leader Sunjay Kapur, chairman of Sona Comstar, passed away suddenly on Thursday. He was 53.
Karisma Kapoor was married to businessman Sunjay Kapur, and after his death earlier this year their children have dragged Sunjay's wife Priya Sachdev Kapur to court for their right share in the property.
The Delhi High Court has directed Priya Kapur, wife of the late Sunjay Kapur, to disclose all his assets as of his death, following a challenge to his will by his children with Karisma Kapoor.
The Supreme Court has sought Karisma Kapoor's response to a plea by Priya Sachdev Kapur for a certified copy of the 2016 divorce settlement between Kapoor and her late husband, Sunjay Kapur. The case is related to an ongoing legal battle in the Delhi High Court concerning Sunjay Kapur's assets.
The last rites of Sunjay Kapoor was held in New Delhi on June 19, and ex-wife Karisma Kapoor was among those who attended.
Karisma Kapoor's children -- Samaira and Kiaan -- moved the Delhi high court on Tuesday, seeking a share in their late father Sunjay Kapur's property.
He has been linked to Ravi Pujari.
Unresolved succession plans and informal ownership structures are fuelling bitter family fights across India's corporate boardrooms.
"They have made reasonably good progress....They are fairly close to settlement but have not yet resolved the dispute," senior counsel Ashok Desai, representing Sunjay Kapur told Justice Mukul Mudgal.
'Being financially independent is crucial.' 'This spares women a lot of grief if the marriage, especially in large business families, breaks down.'
Automobile manufacturers, new and old, as well as ancillary suppliers are set to spend a combined Rs 70,630 crore over the next five years on either entering the electric vehicle segment or stepping up their presence in it. Data culled from announcements made by firms shows India, the world's fifth largest automobile market, is poised to receive one of the biggest capex pushes ever to fuel the transition from internal combustion engines to electric motors and batteries as part of a green drive. The EV push, egged on by the government's emphasis on electric mobility to meet its net zero targets, is expected to yield at least 25 electric vehicles - new ones as well as electrified versions of existing vehicles running on internal combustion engines.
As all roads lead to Vaastu building in Pali Hill, north west Mumbai, where Alia Bhatt and Ranbir Kapoor will wed, it's a good time to look up Raj Kapoor's grandchildren.
Companies in the micro, small and medium enterprises (MSME) sector may legally challenge the Haryana government's new law which mandates 75 per cent reservation of jobs in the private sector for locals. "We had earlier gone to the high court against this law, but the court said that it would hear the matter after the law was notified," said Manoj Tyagi, general secretary, IMT Industrial Association. Industries and associations feel that the law will not benefit the state and will hit MSMEs that are just coming out of the crippling effects of the lockdowns owing to the Covid-19 pandemic.
The amicable settlement of the matrimonial dispute between Bollywood actor Karisma Kapoor and her estranged businessman husband Sunjay Kapur with mutual consent, on Friday got a seal of approval from the Supreme Court.
Delhi High Court prevailed over industrialist Sunjay Kapur and his wife Bollywood actress Karisma Kapoor on tuesday to talk to each other to sort out their differences amicably in the interest of their 5-month-old daughter Samaira.
The man has no links with the actress, police said.
Industrialist Sunjay Kapur, embroiled in a legal battle with estranged wife and actress Karisma Kapoor, has complained to the Delhi police that he has received an extortion threat.\n\n
Work is underway in identifying global companies in sectors ranging from electronics, auto components and medical equipment to shift part of their existing or incremental manufacturing to India.
Issues like high insurance cost and the announced price hike effective January could also weigh on sales in 2019. The only bright spot is the softening seen in fuel prices over the past month.
Mercedes Benz, BMW and Audi have sharply increased their sourcing from India.