NCLT Kolkata dismissed applications seeking to enforce family settlement agreements dated August 3, 2024 and November 5, 2024, declaring them void and illegal.
The tribunal allowed substitution of Sangeeta Bubna as Karta of Ram Niranjan Kajaria HUF following Indira Kejriwal's death, confirming the HUF's continued existence.
Contempt proceedings against Amit Sanganeria and others for alleged violation of status quo order were dismissed due to lack of willful disobedience.
The tribunal maintained that pending partition suits in Alipore Civil Court and status quo orders prevent any share transfers until final resolution.