Justice Dave to settle property dispute between Lalit Modi and mother Bina Modi

The Supreme Court has appointed Justice Anil R Dave to mediate in the property dispute case between Lalit Modi and his mother Bina Modi.

Court proceedings will remain confidential.

Supreme Court Lalit Modi ,Lalit Modi), appointed former judge Anil R Dave to mediate a family property dispute between his mother Bina Modi and her siblings. The court also said that the proceedings of the court would remain confidential. No social media will be posted regarding this. A bench of Chief Justice NV Ramanna, Justice Krishna Murari and Hima Kohli asked the plaintiffs to come up with a solution plan to settle the matter. The Chief Justice said that last time the court had appointed an arbitrator. However, the matter could not be resolved. Both the parties have to be fair in this matter. They don’t see it as a win-win for themselves.

Businessman and former Indian Premier League (IPL) chief Lalit Modi and his mother Bina Modi had told the Supreme Court last week that the apex court-mandated mediation to resolve the long-pending property dispute in the family had failed and urged That the matter be decided here.

The arbiter was appointed on 16 December

The Supreme Court ordered Lalit Modi and his mother and industrialist K. Of. On December 16 last year, two former apex court judges, Justice Vikramjit Sen and Justice Kurian Joseph, were appointed as arbitrators to resolve the long-standing property dispute between Modi’s wife Bina Modi. Justice Ramana, Justice A. s. Bopanna and Justice Hima Kohli is hearing Lalit Modi’s appeal against a division bench of the Delhi High Court which held that the anti-arbitration stay petition filed by Bina Modi against her son is maintainable.

Disputes related to trust

Salve, appearing for Lalit Modi, said, “I have a report of the mediators. There are reports that the mediation has failed. Let us take this matter further. On the other hand, Sibal raised the initial objections saying, there is a trust and the dispute pertains to the trust. In many judgments it has been held that trust disputes cannot be settled through arbitration.

Objection to appeal from power of attorney

Rohatgi also objected to the filing of appeal through power of attorney by Lalit Modi, who is living in Britain. After hearing the arguments, the bench adjourned the matter to next week and asked the lawyers to take directions to resolve the dispute amicably. Earlier, the bench had appointed arbitrators and asked them to make efforts to resolve the dispute. A division bench of the High Court had held in December 2020 that it was within its jurisdiction to decide on Bina Modi’s plea challenging Lalit Modi’s move to initiate arbitration proceedings in Singapore.

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