Supreme way on dispute in Marathi industrialist’s house – Navshakti
Supreme way on the dispute in the house of a Marathi businessman
Mumbai: The Kirloskar family’s property dispute has now reached the Supreme Court. Kirloskar Brothers Limited has filed a petition in the Supreme Court regarding the family dispute. Meanwhile, the apex court, while hearing the case, directed the defendants Atul Chandrakant Kirloskar and 13 others to mediate in the dispute. If the dispute is not settled through arbitration, the court will have to issue an interim order in the matter, the apex court said. Earlier, the case was pending in the Mumbai High Court. The Mumbai High Court had also said that the case should be settled with the consent of the family members. Now, KBL has moved the Supreme Court against the High Court decision.
KBL chief Sanjay Kirloskar has alleged that companies owned by his brothers Atul Kirloskar and Sanjay Kirloskar were misusing the Kirloskar band to mislead the public. On the other hand, Atul and Rahul have denied the allegations against them. Meanwhile, after hearing arguments from both the parties, the apex court has said that three of the five companies involved in the case have accepted the mediation of former apex court judge Indu Malhotra. However, two of these companies are not ready for mediation. If mediation is to be done, it must be done in all companies; Otherwise, the Supreme Court will have to issue an interim order.
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