Summary: Aruna Shah is in a legal fight over her father's share in a business called Inter Globe Services. The court has decided that the disagreements should be settled through arbitration. Let's explore the details of this case.
Aruna Nilesh Shah filed a case against her family members and business partners of Inter Globe Services. She wanted the court to decide on disagreements about her father's share in the business after he passed away in 2013.
The main issue was about a Partnership Agreement from 1988. Aruna's father was a partner in Inter Globe until he died. After his death, Aruna and her family couldn't agree on how to split his share.
In 2022, Aruna and her family reached an agreement. Her brother, Shailesh, agreed to pay her Rs. 3.6 crores to settle claims. This was supposed to resolve disagreements with her mother and siblings.
"Aruna accepted a one-time settlement of being paid Rs. 3.6 Crores."
A big part of the case is a term called "mutually agreed amount." This amount, which Inter Globe was supposed to pay Aruna, was never decided. Aruna claims it should be Rs. 11.11 crores, but this is disputed.
Judge Somasekhar Sundaresan looked at whether the disagreements should go to arbitration. The judge decided that, since there is an arbitration rule in the partnership agreement, the disagreements should be resolved by an arbitrator.
The court appointed Justice (Retd.) K. R. Shriram as the only arbitrator. He will look into the disagreements and decide on the "mutually agreed amount."
"Justice (Retd.) K. R. Shriram is hereby appointed as the Sole Arbitrator."
Aruna will now present her case to the arbitrator. The main question is how much she should receive from her father's share in Inter Globe.
This case highlights the complexities that can arise in family and business disputes, especially when clear agreements aren't in place.
