
The Supreme Court has allowed mediation in the dispute over late industrialist Sunjay Kapur’s assets to continue until November 2. Former Chief Justice of India D Y Chandrachud, appointed mediator on May…
The Supreme Court has allowed mediation in the dispute over late industrialist Sunjay Kapur’s assets to continue until November 2. Former Chief Justice of India D Y Chandrachud, appointed mediator on May 7, told the court that six sessions had been held. The parties have agreed to continue discussions under his supervision, according to the mediation report.
A bench of Justices JB Pardiwala and K Vinod Chandran said the process was proceeding satisfactorily and that the parties were cooperating. Discussions have covered claims and entitlements linked to the trust structure and its assets. The court granted the mediator more time to explore a comprehensive settlement.
The dispute has attracted the usual claims that a family asset battle must end in a quick courtroom victory, or that mediation simply delays accountability. Neither view fits the update. A supervised process can protect private negotiations while keeping the court informed, but progress is not the same as a settlement. The useful test is whether the parties produce a signed agreement by November 2, or seek another extension with clear reasons.
Source: timesofindia.indiatimes.com
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