Delhi HC Debates Jurisdiction Over Foreign Assets of Late Industrialist Sunjay Kapur
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In a significant development, Priya Kapur, wife of late industrialist Sunjay Kapur, and their minor son argued before the Delhi High Court that it lacks jurisdiction to restrain them from dealing with foreign assets in the UK and the US. Priya's counsel contended that issues related to foreign assets fall under foreign jurisdiction, and the high court cannot prevent them from seeking title to Sunjay's immovable properties abroad. Justice Jyoti Singh, after hearing arguments on an interim injunction application filed by Karisma Kapoor's children, asked the parties to submit written arguments in the matter. The case has been listed for further consideration on December 22. The interim application was filed as part of a larger suit by Karisma Kapoor's children, challenging the purported will of Sunjay Kapur, reportedly worth ₹30,000 crore. The children have questioned the authenticity of the will, which has sparked a dispute over the late industrialist's assets. During the hearing, senior advocate Akhil Sibal, representing Priya's minor son, stated that his mother has no intention to sell shares in Aureus Investments Pvt Ltd, which were transferred to her after Sunjay's death. However, he emphasized that the high court has no jurisdiction to pass orders on immovable assets in the US and the UK, which can only be determined by courts in the respective countries. Senior advocate Mahesh Jethmalani, representing Karisma's children, countered that the court could pass an order restraining Priya from misusing a forged will to seek title to properties located abroad. Sunjay's mother had earlier expressed concerns that Priya was attempting to take control of his assets instead of grieving his death. Sunjay Kapur passed away on June 12 after collapsing during a polo match in England, reportedly due to a sudden cardiac arrest.