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

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