Rani Kapur told the Delhi High Court that Priya Sachdev Kapur concealed her late son Sunjay Kapur’s assets and may have moved money abroad. The allegations add new pressure in the escalating battle over the industrialist’s estate.
New Delhi: The legal dispute over the estate of late industrialist Sunjay Kapur grew even more intense on Monday as the Delhi High Court heard fresh arguments questioning the Will presented by his third wife, Priya Sachdev Kapur.
The court was told that there were serious doubts not only about the Will itself but also about the people involved in drafting and executing it, and the unusually fast manner in which Priya took back control of important Sona Group companies after Sunjay’s sudden death.
Senior advocate Vaibhav Gaggar, appearing for Sunjay’s mother Rani Kapur, described the sequence of events as something that “raises more questions than answers,” saying the timeline was “deeply troubling for any corporate governance framework.”
He said that on 31 March 2023, Sunjay had clearly informed stakeholders of AIPL and Sona Comstar that something needed to be “reversed,” after which Priya was removed as Managing Director of Aureus Investment (AIPL), the holding company of Sona BLW (Sona Comstar).
However, after Sunjay passed away on 12 June 2025, Gaggar highlighted how things moved at an extraordinary pace. Within six days, an Extraordinary General Meeting was called, and Priya was reinstated as MD of AIPL.
Eleven days later, she was also appointed as a director on the board of Sona BLW. According to him, the speed at which Priya regained control of the group’s most valuable company made the motives behind the Will highly questionable.
He said,
“The haste, the enthusiasm, the tearing urgency with which Priya Kapur assumed control makes the motives behind the Will even more suspect,”
and argued that the actions taken in the companies and the Will “cannot be viewed in isolation.”
He added that Priya’s rapid move to take charge at a time when Sunjay’s body had not even been handed over to the family by UK authorities showed a “disturbing preparedness” that did not match with the behaviour of a grieving spouse.
The dispute deepened further when senior advocate Gaggar told the Court that there had been a “massive concealment” of Sunjay’s assets by Priya Sachdev Kapur.
He stated that one of Sunjay’s companies paid him an annual salary of Rs 60 crore, yet his bank balance showed less than Rs 2 crore and crypto assets of around Rs 1.29 crore.
He argued that Priya had withheld important financial details from the Court, and there was suspicion that money may have been moved out of India.
He said,
“Massive concealment. This house [farmhouse in Delhi’s Rajokri area] is built by my late husband. There are more than 50 pieces of artwork there… This gentleman [Sunjay Kapur] had no life insurance, no rental income, and mutual funds? Just his salary was Rs 60 crore, and we are saying that he has only Rs 1.7 crore in his accounts.”
He then urged the Court to direct Priya to disclose her and Sunjay’s financial records from the last two years and requested an interim order to restore the previous status of assets. He added,
“My Lady may seek details of 2 years, not just of Mr Kapur but also of Defendant No 1 [Priya Kapur] because the money has moved. Any interim order must be in the nature of status quo ante because the money has moved across borders, potentially.”
He pointed out that Rani Kapur and her late husband had built the company together, and although her husband had left his entire estate to her, Sunjay’s Will did not mention her at all.
According to him,
“An 80-year-old has been told today that she has not even been mentioned in the Will. There is not even a whisper about her. That she has no ownership in the company built by her husband, which was exclusively left to her.”
These arguments were made before Justice Jyoti Singh, who was hearing an interim injunction application filed by Karisma Kapoor’s two children. They have asked the Court to stop Priya from creating any third-party rights over Sunjay’s assets.
In the main suit, Karisma’s children have accused their stepmother Priya of forging their father’s Will and trying to take complete control of his property. Sunjay and Karisma were married for 13 years before separating in 2016, and they have a son and daughter together. Later, Sunjay married Priya.
At the centre of the fight is a Will dated March 21, 2025, under which all of Sunjay’s personal estate was allegedly left to Priya Sachdev Kapur. Gaggar said that Rani Kapur fully supported Karisma’s children in claiming that the Will was not genuine.
He also countered Priya’s claim that in the Kapur family the tradition was for a husband to leave his personal assets to his wife, just as Sunjay’s father had left everything to Rani Kapur. He emphasised that the two marriages were very different and said,
“How can you compare the two? She [Priya Kapur] was married to Sunjay for seven years. This was his third and her second marriage. I was married to my husband for forty years. The distinction doesn’t end here. Our Will was registered. The witness to our Will was a person whom my husband had known for 30 years. Here, the witness says he wasn’t even associated with the company before 2022.”
He argued that from the very day of Sunjay’s death, Priya had been trying to take charge of assets and Sona Comstar.
The Court will hear the matter next on December 3. Gaggar was instructed by the Vidhii Partners team led by Smriti Churiwal, Jaiveer Kant and Meher Thapar.
Gaggar also raised questions about the two men who served as witnesses to the Will — Dinesh Agarwal and Nitin Sharma. He said that Agarwal had been hospitalised just two days before the date on which he allegedly emailed the Will to executor Shradha Suri Marwah. Gaggar asked,
“How did a man recently in hospital come to possess and forward a document of such importance?”
He told the Court that Rani’s repeated emails to Agarwal seeking clarity went unanswered for months, and only on 11 August did he reply saying he was “not the custodian” of any documents regarding Sunjay’s assets.
Gaggar said this statement directly contradicted Priya’s claim that Agarwal was both a witness and deeply involved in dealing with the Will.
He added that the second witness, Nitin Sharma, was suddenly appointed to the board of AIPL right after Sunjay’s death. Gaggar asked,
“Why would a witness to a Will be elevated to the holding company’s board so quickly? Was this incentivisation?”
He also questioned why, if Shradha Suri’s claim was correct — that Priya and Sunjay had drafted the Will using Rani’s registered Will as a model — Priya’s Will was not notarised. What troubled him further was that no evidence existed of any communication between Sunjay and Agarwal about estate planning.
He said,
“Sunjay never mentioned Agarwal in any discussion about business, family or personal assets.”
He also told the Court that many of Sunjay’s bank accounts were emptied soon after the Will was submitted in a sealed cover, indicating possible “concealment of assets.”
As doubts grow over the timeline, the witnesses, sudden corporate appointments and the exclusion of close family members, the Kapur estate dispute appears to be turning into a wider corporate governance crisis for one of India’s most prominent automotive component groups.
For Rani Kapur: Senior Advocate Vaibhav Gaggar, instructed by Vidhii Partners team of Smriti Churiwal, Jaiveer Kant and Meher Thapar.
For the Plaintiffs (Karisma Kapoor’s children): Senior Advocate Mahesh Jethmalani with advocates Saurav Agrawal, Ravi Sharma, Akhil Sachar and Adhiraj Harish, briefed by Lexster Law LLP through Shantanu Agrawal (Partner), Manas Arora, Madhulika Rai Sharma, Syed Hamza, Ananya Garg, Prachi Dubey, Samayra Adhlakha, Tushar Nair and Mehak Joshi.
For Priya Sachdev Kapur and her minor son: Senior Advocates Rajiv Nayar and Shyel Trehan, briefed by Bahuguna Law Associates through Senior Partner Meghna Mishra, Partner Designate Ankit Rajgarhia, Principal Associate Tarun Sharma and Associate Rohit Kumar.
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