Overview
- Former CJI DY Chandrachud was appointed mediator Thursday after all sides consented, with the Supreme Court seeking a preliminary report before a further hearing in early August.
- The bench asked family members to keep the matter off TV and social media and to join talks with an open mind given the risk of a long court battle.
- The dispute centers on the alleged RK Family Trust, which Rani Kapur says diverted her estate without consent after a 2017 stroke when she says she was made to sign papers.
- In a related order last week, the Delhi High Court preserved assets by freezing foreign bank accounts, restraining equity transfers in Indian firms, and barring withdrawals and cryptocurrency dealings.
- The stakes span reported assets of about Rs 30,000 crore tied to Sona Group interests, as Sunjay Kapur’s children have challenged a purported will that they say unfairly favors Priya Kapur.