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Trust set up without my informed consent, revoke it: Sunjay’s mom

Trust set up without my informed consent, revoke it: Sunjay’s mom

NEW DELHI: Rani Kapur, the mother of the late industrialist Sunjay Kapur, approached the Delhi high court Wednesday seeking cancellation of the Rani Kapur Family Trust, which holds a stake in the automotive component manufacturer Sona Comstar.Her plea alleges the trust was established and operated without her knowledge or informed consent, effectively excluding her from beneficial ownership of assets that belonged to her. The suit says the events in question took place at a time when she was medically unwell after suffering a stroke and was dependent on her son to handle her personal and financial matters.According to Rani Kapur, her late son was either manipulated into taking part in the alleged arrangement or allowed himself to be used as a channel for carrying it out. She claims that, based on the assurances given to her, she believed her estate was secure, even as transactions were allegedly executed that later deprived her of ownership rights. The suit alleges she was asked to sign several documents without being informed about their contents or legal implications, and on some occasions was made to sign blank papers. These actions, she alleges, were carried out in coordination with Priya Kapur and other defendants, who are accused of concealing the true nature and effect of the RK Family Trust.

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