Priya Kapur Escalates Estate Dispute with Notice to Remove Mother-in-Law from Family Trust
In a dramatic development in the ongoing Sunjay Kapur estate dispute, Priya Kapur, the wife of the late industrialist, has issued a formal notice seeking the removal of her estranged mother-in-law, Rani Kapur, from the RK Family Trust. This move comes just days after Rani Kapur had herself served a notice to oust Priya from the same trust, intensifying a bitter legal feud over substantial family assets.
Allegations of Breach of Fiduciary Duties
In the notice addressed to Rani Kapur, Priya Kapur has accused her of conduct that is contrary to the terms of the trust deed and her fiduciary duties as a trustee. Priya stated, "Your conduct is contrary to the terms of the trust deed and to your fiduciary duties as a trustee. As stated, you have sought a judicial declaration to dissolve the RK Family Trust, aiming to divest the trust of its entire corpus and revert all settled assets to yourself while seeking to void all prior trust actions. Such an attempt to extinguish the trust for your personal gain is a complete breach of your fiduciary duties as a trustee."
This accusation follows Rani Kapur's civil suit filed two months ago in the Delhi High Court, where she challenged the validity of the RK Family Trust, claiming personal ownership of the assets. In that suit, Rani also opposed Priya Kapur's appointment to the board of Sona BLW Precision Forgings (Sona Comstar), alleging that she was coerced into signing documents and was unaware of the full details at the time.
High-Stakes Assets at the Core of the Dispute
The RK Family Trust, which lies at the heart of the Sunjay Kapur family conflict, derives a significant portion of its value from its indirect holding in the auto components manufacturer Sona Comstar. The trust holds a 65% stake in Aureus Investment, which in turn owns approximately 28% of the promoter stake in Sona Comstar. With Sona Comstar's market capitalisation hovering around Rs 30,000 crore, Aureus' holding is valued at roughly Rs 8,000-8,500 crore. This places the trust's indirect stake at an estimated Rs 5,000-5,500 crore, making it a highly lucrative asset in the dispute.
Legal Proceedings and Beneficiary Dynamics
The dispute over the validity and administration of the RK Family Trust is currently pending before the Delhi High Court. After the removal of Rani Kapur, the trust now has four beneficiaries:
- Priya Kapur
- Her son, Azarias
- Sunjay Kapur's two children with actor Karisma Kapoor, Samaira and Kiaan
Sunjay Kapur's death in the UK last year triggered a massive fight over assets, which also involves Samaira and Kiaan. Earlier this year, Rani Kapur moved the High Court, alleging that a fraudulent family trust was created to take control of her estate. In her suit, Rani claimed she became aware of the irregularities only after her son's death in June 2025 and asserted that assets were transferred without her consent.
This escalating legal battle highlights the complexities of family trusts and estate management in high-net-worth scenarios, with both sides levelling serious allegations of misconduct and breach of duty.
