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.
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 billionaire ex-husband Sanjay Kapur passed away suddenly on June 13 when he succumbed to a heart attack in London.
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.
Surinder Kapur's relentless pursuit of quality made Kapur a highly efficient manufacturer of automobile components.
Turning around a leading German precision forging firm has Sona's chief living in Munich like a 'university student'.
Surinder Kapur, president of the company's 'vendor council,' said it has about a dozen representatives from Tata Motors and an equal number from the vendors. "We supply for about 4-5 per cent of our revenues to Tata Motors and we do not have payment issues," he said. Lumax, which derives about 15 per cent of its turnover by supplying almost half of the lighting solutions for Tata Motors worth about Rs 60 crore a year, said they had not experienced any payment issues.
Sona Koyo, India's largest car steering system maker, on Friday announced the acquisition of 21 per cent stake in Fuji Autotech France for Euro 5 million to gain a toehold in Europe.
Big vendors left with smaller amounts as formula for compensation based on despatches.
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