The Supreme Court refers the long-running Kalyani family dispute, involving claims over ancestral wealth and promoter stakes in listed companies such as Bharat Forge, to mediation. Business Standard and Business Line report that the court directs the siblings involved in the dispute to participate in the mediation process. The Business Line report adds that the direction comes from a three-member bench of the Supreme Court, presided over by Chief Justice of India Justice Surya Kant.
The case is described as decade-long and centred on competing claims relating to the distribution and control of assets and shareholding interests associated with the family’s holdings, including interests in listed entities. By sending the matter to mediation, the Supreme Court signals an effort to resolve the dispute through a structured settlement process rather than continued adversarial proceedings. The reports do not specify the timeline or specific mediators appointed, but they consistently indicate that mediation is the next step in the litigation.
