Sunjay Kapur’s Rs 30,000 crore estate row: Priya Kapur tells High Court it ‘lacks jurisdiction’ over foreign assets; Karisma Kapoor’s counsel asks to restrain “misusing forged will” |
The Delhi High Court on Tuesday heard arguments in the ongoing dispute over the Rs 30,000 crore estate of late industrialist Sunjay Kapur. In today’s arguments, Priya Kapur and her minor son argued that the court has “no jurisdiction” to restrain them from dealing with foreign assets in the UK and the US.
More on the arguments
Appearing for Priya and her minor son, her counsel, Akhil Sibal, argued that issues concerning foreign immovable property fall within the jurisdiction of the courts in the countries where the assets are situated. The Delhi High Court, he said, cannot pass any order of status quo regarding immovable assets located abroad, as “only the courts of the jurisdiction where the property is situated can decide such matters.”In response, senior advocate Mahesh Jethmalani, appearing for Karisma Kapoor’s children, argued that even if the High Court could not directly control foreign assets, it could still restrain Priya from “misusing the (alleged) forged will.”
Priya was taken out of company
Jethmalani also argued that “Priya was removed from AIPL and had no alternate role elsewhere.” As per reports, “She was not in control when Sunjay was alive. She sought control only after his passing.”According to Rani, Sunjay’s mother, Priya allegedly moved “swiftly and strategically” to take control of the properties and business affairs immediately after his death, instead of mourning her husband.
About the family dispute
Earlier, Sunjay Kapur’s mother, Rani Kapur, had informed the court that Priya allegedly made moves to assume control over her son’s assets immediately after his death. She claimed she was never informed about the will, which, she pointed out, makes no mention of her existence despite Sunjay often acknowledging everything he achieved came from her.The legal dispute was initiated by Samaira and Kiaan, with their mother acting as legal guardian. Along with Sunjay’s mother and sister, they have challenged the authenticity of the will at the centre of the case.Justice Jyoti Singh, who presided over the hearing, reserved the matter for written submissions after concluding arguments. The date for consideration has been listed on December 22.
