 "Sanjay Kirloskar, Atul Kirloskar and Rahul Kirloskar")
One of India’s oldest business families is witnessing yet another sibling rivalry with Sanjay Kirloskar, promoter of Kirloskar Brothers, moving the Supreme Court to enforce a family settlement signed in 2009.
While the Supreme Court has adjourned the hearing to July 24, 64-year old Sanjay Kirloskar, who is in an ownership dispute with his brothers -- Atul and Rahul – wants to move the Pune civil court for any dispute resolution instead of arbitration. At stake is a combined business empire valued at Rs 16,000 crore by market capitalisation. Of this, Sanjay Kirloskar-owned Kirloskar Brothers' market cap is Rs 3,800 crore,
