Supreme Court hopeful of settlement in Sunjay Kapur case: 'Parties cooperating' | India News
Summary
The Supreme Court has recorded that mediation regarding the high-stakes inheritance dispute within the family of the late businessman Sunjay Kapur is progressing satisfactorily. A bench comprising Justices JB Pardiwala and K Vinod Chandran reviewed a preliminary report from former Chief Justice of India DY Chandrachud, who was appointed to facilitate an amicable resolution involving the Kapur family trust and its assets.
During the proceedings, the court noted that six mediation sessions have already been conducted and that the parties involved are cooperating. The parties have engaged in detailed discussions concerning their respective claims and entitlements related to the trust structure and its corpus. To assist in this process, the mediator has enlisted the help of a senior chartered accountant and a tax expert.
The court expressed optimism that the dispute could be resolved amicably, urging the parties to maintain an "open mind and open heart" to avoid years of litigation. The bench has permitted the mediation process to continue until November 2, awaiting a subsequent report from the mediator.
(Source:Hindustan Times)