Bharat Forge patriarch refuses to part family wealth with children of estranged sister

livemint.com:

Mint has reviewed a copy of the affidavit. Baba Kalyani,75, has argued “the basis of a Hindu coparcenary is common male lineage—which basis has not been changed by the 2005 Amendment Act".

According to the Kalyanis’ affidavit, while daughters, within the Hindu law, may be deemed to be coparceners in an HUF, such a “deeming fiction" is not extended to the children of such daughters. “The children of the female coparcener cannot become the coparceners of their maternal grandfather's HUF, since they are born in their father's family and not in the family of the maternal grandfather," argued Kalyani.

Baba Kalyani has also stated that he has no alleged intention of taking over any properties of any alleged Kalyani Family HUF. And, since the Hiremath siblings are not part of any Kalyani family entity, no question of depriving them of any rights to the joint family properties even arises in the first place, the affidavit said.

A Kalyani group spokesperson declined to comment stating the matter is sub-judice, while queries sent to the Hiremath family remained unanswered. The feud between the two families, which began after Sugandha’s brother, Baba Kalyani, refused to transfer Hikal shares in her name, worsened after her children, on 20 March, filed a petition against Baba Kalyani, his son Amit Kalyani, brother Gaurishankar Kalyani, Gaurishankar's children Sheetal Kalyani and Viraj Kalyani, and their mother Sugandha Hiremath in the Pune court.

The petition demanded a partitioning of the assets and businesses under the Kalyani Family HUF, which is said to own significant stakes in large companies and substantial real estate assets, especially in Pune, Karad and Satara districts in Maharashtra. In their suit, the Hiremaths