In a recent improvement in regards to the Kalyani household property dispute, #Mumbai-based Sugandha Hiremath has alleged that her brothers have been ‘clandestinely’ transferring household property. 

In her current affidavit filed earlier than the court docket, she has detailed two cases of her youthful brother Gaurishankar Kalyani ‘usurping’ household property in #Karad. A message to despatched to Mr. Kalyani’s household looking for a response remained unanswered.

Ms. Hiremsth has detailed how her youthful brother used his goodwill with their father Dr. Neelkanth Kalyani into acquiring a Power of Attorney (POA) to handle his property in #Karad

The POA was meant just for managing the properties situated in prime localities of #Karad. However, whereas executing the doc, the identical was amended to grant energy of ‘gifting and transferring.’

Moreover, identify of a Gaurishankar group firm’s worker was additionally included within the POA in 2008. Using the doc, two giant properties have been then transferred to Mr. Kalyani. Ms. Hiremath’s affidavit particulars that as quickly as Dr. Neelkanth Kalyani discovered concerning the “fraud” in 2009, he revoked the POA and in addition moved court docket.

According to Ms. Hiremath, the 2 properties have been “illegally and wrongfully” transferred solely to Mr. Kalyani on the idea of a Power of Attorney which was “dishonestly and fraudulently” obtained from Dr. Neelkanth Kalyani.

To again her declare, she has hooked up a press release filed by Prakash Honrao, the worker of Gaurishankar’s group firm, in #Karad court docket. In his assertion, Mr. Honrao admitted in court docket that he was pressured to simply accept the POA in his identify and subsequently to switch the properties utilizing the doc. 

This, based on him, was completed underneath coercion from Mr. Kalyani’s spouse Ms. Rohini. He acknowledged that since he was an employment of Mr. Kalyani and Ms. Rohini, he had no alternative. The instances regarding the 2 properties filed by Dr. Neelkanth Kalyani are nonetheless pending in #Karad court docket.

“On the one hand, my brothers deny the existence of the joint household nucleus as properly the standing of the properties of the Kalyani Family HUF, and in the identical breath, each my brothers — Baba and Gaurishankar — are persevering with to clandestinely switch HUF properties to themselves by resorting to all types of nefarious means, and with out sustaining any file of such transfers,” Ms. Hiremath stated in her affidavit. 

She had filed a case earlier this 12 months looking for her share in household wealth. She had sought injunction restraining her brothers from alienating any of the household property which embrace a number of properties throughout the nation and shares of about 250 firms. She has additionally sought that the court docket orders her brothers to disclose particulars of all of the household properties. 

With recent proof, she has now requested the court docket to contemplate her plea to restrain her brothers Mr. Kalyani and Mr. #Baba Kalyani from alienating any property, together with promoter shares of a number of Kalyani group firms, until the partition go well with is determined.

According to a press release issued on behalf of #Baba Kalyani, “Despite submitting a barrage of instances, Sugandha Hiremath has didn’t safe a single order in her favour from the courts evidencing the falsehood of her claims.” “Sugandha Hiremath has due to this fact resorted to trial by media. The allegations towards Mr. #Baba Kalyani are baseless and malicious and are categorically denied,” the assertion added.

Published – June 28, 2025 03:34 pm IST