Financial Daily from THE HINDU group of publications Sunday, Aug 01, 2004 |
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Breweries Corporate - Corporate Disputes Manu Chhabria's mother stakes claim to estate Boby Kurian
Bangalore , July 31 THE 76-year-old Ranibhai Rajaram Chhabria, mother of late Manohar Rajaram Chhabria, has staked claim to her deceased son's estate. She has served a legal notice to her daughter-in-law and the Chairperson of the $2-billion Jumbo Group, Mrs Vidya Manohar Chhabria, asking the latter to furnish a copy of the will left behind by her son within 10 days. The notice served through the legal firm, J. Sagar Associates, questions the will of the Dubai-based tycoon who passed away on April 6, 2002. When contacted, a Jumbo Group spokesperson said they had not received any legal notice in this regard till now. The notice has been served on Jumbo's various addresses in Dubai and India, including the Hamilton House in Mumbai's Ballard Estate. The move by Ms Ranibhai Rajaram Chhabria comes in the wake of a will submitted by the estate of Mr Manohar Chhabria in a Dubai court. This follows a case filed by the eldest daughter, Mrs Bhavika Godhwani, seeking a split in assets. The notice stated, "Our client is the mother of the late Manohar Rajaram Chhabria and his mother is entitled to the estate of her eldest son on his death. However, she has been informed that you are contending that the late Chhabria has left a will by virtue of which our client is excluded as a legatee of the estate of her late son. We are therefore on our client's behalf hereby call upon you to furnish to us a copy of the said will within 10 days." The parents of the late Chhabria stay separately with their relatives in Mumbai. Their sons, the late Manohar Rajaram Chhabria, also known as Manu Chhabria, and the younger Mr Kishore Rajaram Chhabria, parted ways following a bitter business dispute in the early 90s. The Jumbo Group is a dominant player in the electronics business in the Arabian Gulf and also controls companies such as Shaw Wallace & Co Ltd, Dunlop India, Gordon Woodroofe and Mather & Platt. Mrs Vidya Manohar Chhabria assumed control of the group following the death of her husband and is currently assisted by her two daughters, Ms Komal and Ms Kiran.
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