Business Standard

Bina Modi's plea against son Lalit's Singapore arbitration maintainable: HC

Lalit Modi contended that after the demise of his father KK Modi a sale of all assets of the trust has been triggered and distribution to beneficiaries has to occur within one year thereof

Lalit  Modi
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Lalit Modi | File photo

Press Trust of India New Delhi
The Delhi High Court has held that it has the jurisdiction to decide a plea by late industrialist KK Modi’s wife challenging her son Lalit Modi’s move to initiate arbitration proceedings in Singapore over property dispute of the family.

A bench of Justices Siddharth Mridul and Talwant Singh set aside the judgment of a single judge of the high court which had said that it does not have the jurisdiction to adjudicate the anti-arbitration injunction suits filed by Lalit Modi’s mother Bina, his sister Charu and brother Samir and they are open to take such pleas before the arbitral tribunal in
Topics : Lalit Modi

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