The Bombay High Court ruled that Shireen Jejeebhoy, Ratan Tata’s sister, is entitled to legal costs from his estate. The decision clarified the distribution of Ratan Tata’s assets as detailed in his Will and Codicils, emphasizing that unlisted and listed shares will be allocated to the Ratan Tata Endowment Foundation and Trust.
Ramesh Sippy’s plea for court receiver in property dispute and film rights post-parents’ demise was rejected by the Bombay High Court. The court found insufficient evidence to support Sippy’s claim and noted inconsistencies in his position. Sippy sought a share in the estate of his deceased parents, including a prized flat in South Mumbai and the rights to 27 films.
