Claim is for my share of father's personal estate:Pankaj Oswal

Amid a tussle over control of Oswal Greentech and Oswal Agro Mills after the death of patriarch Abhey Oswal, his son Pankaj today said he is only claiming inheritance of his share on father's personal estate.
Pankaj said he is exploring legal options available to him against the appointment of Aruna Oswal, his mother, as chairperson of the two companies.
"My father passed away without a will and as my father's eldest son I have a right to a law defined inheritance of his personal estate," Pankaj told PTI in an emailed interview.
When pointed out that the company's management claims that he owns only 5,000 shares worth Rs 50,000 in Oswal Greentech, Oswal said: "Whatever that may be, I am happy to receive my just share. My mother's advisors clearly seek that I be denied what has to come to me."

When contacted Aruna Oswal declined to comment.
Asked about his future course of action as Aruna Oswal has already been made Chairperson, he said: "This is a matter between me and my lawyers at the moment and I am exploring legal options available to me."

Last week a takeover battle had erupted in the Rs 800- crore Oswal family after the death of Abhey Oswal, with both wife Aruna and Pankaj claiming ownership of the two group companies.
The fight between them even reached the police as the management of the two companies has filed a complaint against Pankaj alleging a forceful entry into the corporate office on April 4 and stealing books of account and certain documents.

Pankaj, however, refuted the allegations and said: "We are soon going in for a reverse complaint to prove that the incidents they claim just did not take place."
He also dismissed as "rumours" that he was disowned by his father and said he had "a cordial relationship" with his father and were "very close in business matters".
Oswal Green Tech and Oswal Agro Mills Managing Director Anil Bhalla said that the late Abhey Oswal had made his wife nominee for all his personal shares in these two companies and the same are being transferred to Aruna Oswal.
"If Pankaj Oswal has any right on personal estate, he should claim it from his mother. These two companies are public limited firms governed by the board of directors," Bhalla added.

Oswal Green Tech and Oswal Agro Mills had exited from the fertiliser business. At present, these firms are into real estate business with about 150 acres of land bank in Gurgaon, Ludhiana and Mumbai among others.