Sugandha Hiremath accuses Baba Kalyani and Gaurishankar of usurping family assets
To back her claim, Sugandha has attached a statement filed by Prakash Honrao, the employee of Gaurishankar's group company, in Karad court. In his statement, Honrao admitted in court that he was forced to accept the POA in his name and subsequently to transfer the properties using the document. This, according to him, was done under coercion from Gaurishankar's wife Rohini. He states that since he was in the employment of Gaurishankar and Rohini, he had no choice.The cases pertaining to the two properties filed by Dr Neelkanth Kalyani are still pending in Karad court.'On the one hand, my brothers deny the existence of the joint family nucleus as well as the status of the properties of the Kalyani Family HUF and in the same breath, both my brothers - Baba and Gaurishankar - are continuing to clandestinely transfer HUF properties to themselves by resorting to all sorts of nefarious means and without maintaining any record of such transfers,' states Sugandha's recent affidavit in Pune court, which is hearing her partition suit.Sugandha had filed the suit earlier this year seeking her share of family wealth. She had sought an injunction restraining her brothers from alienating any of the family assets, which include several properties across the country and shares of 250 companies. She has also sought that the court order her brothers to reveal details of all the family properties. The court in March 2025, pursuant to hearing this application, was of the view that, given relations between the parties, the nature of the suit, suit property and pendency of other proceedings, it would be appropriate to hear all the parties before passing any order. advertisementRefusing to give up, she initiated an independent search for the family's wealth and found out about Karad properties, which were 'fraudulently' and 'illegally' transferred to Gaurishankar. If she is to be believed, there are several such instances of Baba Kalyani 'usurping' family wealth.The case came up for hearing on June 27 and Sugandha's counsel argued before Civil Judge, Senior Division, VI Bhandari that Gaurishankar had concealed information about the properties in Karad and ongoing disputes in courts there. With fresh evidence, she has now asked the court to consider her plea to restrain Gaurishankar and Baba Kalyani from alienating any assets, including promoter shares of multiple Kalyani group companies, till the partition suit is decided.The partition suit is now slated to come up for hearing on July 22.advertisement"Despite filing a barrage of cases, Sugandha Hiremath has failed to secure a single order in her favour from the courts, evidencing the falsehood of her claims," said Baba Kalyani's spokesperson on the allegations made by Sugandha. "Sugandha Hiremath has therefore resorted to trial by the media. The allegations against Baba Kalyani are baseless and malicious and are categorically denied," the spokesperson added. - EndsMust Watch
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hindustan Times
2 hours ago
- Hindustan Times
Bengaluru: Daughter of murdered top cop Om Prakash vandalises milk booth, case filed
The daughter of former Karnataka Director General of Police (DGP) Om Prakash, who was found murdered in April this year, allegedly created a public disturbance near her residence in Bengaluru by vandalising a Nandini milk booth and assaulting the shop owner, India Today reported. Kruti was reportedly in an agitated state when she entered the booth. According to the report, Kruti was reportedly in an agitated state when she entered the booth located next to her home and began smashing glass bottles and damaging property. When the shop owner attempted to stop her, she allegedly assaulted him. Witnesses say she left the scene calmly after the incident and walked back to her house, the report further added. (Also Read: 'We should not show off': What Nikhil Kamath told his mom after her Mercedes photo went viral) The booth owner immediately alerted the police, and Hoysala personnel arrived at the location to assess the situation. Kruti was subsequently detained by police. A Non-Cognisable Report (NCR) was filed against her, which is typically registered for minor offences where police cannot proceed with arrest or investigation without a magistrate's approval. Kruti currently resides alone in the same house where her father was killed. Her mother, Pallavi, is in judicial custody, having been arrested for the murder of the retired senior officer. Her brother, Karthikesh, no longer lives in the house. In the immediate aftermath of Om Prakash's death, police had to break open Kruti's room to take her into custody for questioning. While initial suspicions during the investigation included the possibility of Kruti's involvement, it was her mother who was ultimately named the prime accused. The retired officer was reportedly in the middle of a meal when he was fatally attacked, a detail that emerged during the course of the police investigation. (Also Read: 'Bisbilla Bath' to 'Bissi Belle': Bisi Bele Bath gets an Hyderabadi makeover, Bengaluru netizens fume)
Mint
6 hours ago
- Mint
Your questions answered: How I claimed LTCG exemption as an NRI selling agricultural land
Q. I am an NRI. I sold my agricultural land at Pune in November 2023. After consulting my CA., I deposited the indexed capital gain amount in a Capital Gains Account with a nationalised bank as per Sec. 54B to purchase agricultural land within two years from date of sale. i.e. till November-2025. But as of today, I am not in position to purchase agricultural land. Is it possible to invest the entire capital gain amount in non-agriculture assets? Is it also possible to purchase agricultural land after November-2025 without having to pay the capital gain tax? Is there any other way for capital gain tax exemption? If the individual or an HUF (Hindu Undivided Family) wishes to claim exemption for long term capital gains rising on sale of an agricultural land the taxpayer is required to purchase another agricultural land within a period of two years. In case the amount is not utilised for buying agricultural land by the due date of filing of the ITR (Income Tax Return), the tax payer is required to deposit the unutilised amount in a Capital Gains Account under Capital Gains Account Scheme (CGAS) by the due date of filing of ITR. The amount deposited in the Capital Gains Account before the due date of furnishing returns of income along with the amount already utilised is deemed to be the amount utilised for the purpose. However, if the amount is not utilised wholly or partly for the buying of agricultural land, then the amount of capital gains related with the unutilised portion of the deposit in CGAS is charged as the capital gains of the year in which the period of two years expires. You have to buy the agricultural land by November 2025. Please note that under the FEMA (Foreign Exchange Management Act) laws an NRI (Non-Resident Indian) is not allowed to buy agricultural land in India without obtaining prior permission from the Reserve Bank of India. You cannot buy agricultural land after November 2025 for claiming the benefit. As far as claiming exemption by investing in another asset i.e. a residential house under section 54F now is concerned, I think you cannot claim exemption under Section 54F now as you would have already opted for section 54B exemption while filing your ITR for the financial year 2023-2024. In my opinion, the law does not allow you to change the option now and opt for section 54F which allows a longer time of three years from date of sale of the agricultural land. Read all our personal finance stories here. Balwant Jain is a tax and investment expert and can be reached at jainbalwant@ and @jainbalwant on his X handle. Disclaimer: The views and recommendations made above are those of individual analysts, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
The Print
9 hours ago
- The Print
India's news channels turned Shefali Jariwala's death into spectacle and speculation
Each of them has been examined and cross-examined, their deaths scrutinised under a magnifying glass. Think of Shefali Jariwala. The actress and model died suddenly of cardiac arrest last week in Mumbai. Think next of 40-year-old Asha in Bengaluru: her body was discovered in a garbage dump. Finally, think of Ridhanya in Chennai, who died by suicide due to alleged dowry harassment. They say 'rest in peace,' but the dead in India hardly ever get any peace. On television news channels, in some newspapers, and on several digital platforms, victims of crimes or celebrities who die—even if from natural causes—are incessantly displayed and discussed, with minute details about their lives carelessly shared with the public. Did Shefali die because of a dangerous combination in her kundali? (Times Now Navbharat) Was Asha in an 'inebriated state'? Was her partner drunk before he reportedly killed her? (India Today). And did you know that Ridhanya messaged her father on WhatsApp just before she reportedly killed herself, saying she was constantly harassed by her husband and in-laws? The Indian Express reported that instead of the 500 sovereigns promised in her dowry, 'only 300 sovereigns were handed over during the wedding…' (1 July). Those who survive crimes don't fare much better, either. Especially women. Especially if it's a sexual assault. Which brings us to the 'Kolkata Rape Case' (Republic TV). We have been treated to all the 'gruesome details' (Republic TV). The law student said a former student, Monojit Mishra, and two others raped her on the college premises. She was 'dragged' to a room, 'brutalised and terrorised,' said Times Now, by a 'predator'. The Times of India, Delhi edition (2 July), got more graphic. 'When the girl became breathless (she had a panic attack when the accused tried to confine and pin her down) she was provided the inhaler, not to revive her but to ensure that she regained her senses so they could assault her sexually,' the report said, quoting a police officer. A 'second victim' of Mishra came forward and described being assaulted by him two years ago. She detailed her harrowing and horrific experience in an interview with India Today. In a rather absurd, amusing twist, the BJP immediately appointed a fact-finding mission in the Kolkata rape case — a crime in 'Didi's domain' (Mamata Banerjee's Trinamool Congress-led West Bengal) always galvanises the party. Most TV news channels told us with a straight face that the BJP 'wished to investigate the crime scene'. Now, which police force in the world will allow politicians to trample all over the crime scene? Meanwhile, at least 17 people died in a 'massive explosion at pharma unit near Hyderabad,' read The Hindu's page 1 lead report on 1 July. Other newspapers reported the accident too, but TV news paid scant attention, if any at all. News channels were too busy with 'Bharat ki beti under attack' (India Today) and the death of 'Glamour world ki Queen' Shefali Jariwala (Aaj Tak). In this age of social media, video clips recorded on mobile phones, CCTV footage, over 390 news channels, and 3,700 digital media outlets, nothing is allowed to remain a mystery. Also read: Shefali Jariwala's death spotlights world of anti-ageing treatments built on big claims, little science Actor's death, non-stop speculation Shefali Jariwala's sudden death has been attributed to heart failure. No mischief is suspected. However, her dying and the cause(s) of her death have animated news channels much more than the crimes mentioned above. 'Mystery shrouds Shefali Jariwala death,' said NDTV 24×7. 'Was Shefali's death natural?' the channel asked about the actor, remembered for gyrating so well in the 2002 remixed song 'Kaanta Laga'. Jariwala's post-mortem report is still awaited but there's more speculation about the cause of her death than who the next BJP president will be. Thus far, the news is that Shefali Jariwala had a sudden fall in blood pressure and died soon after. She was reportedly taking anti-ageing pills and was fasting on the day of her death. TV channels suddenly found her 'kundali' suspect. Times Now Navbharat broadcast it as breaking news, saying podcaster Paras Chhabra had warned her (August 2024) on his show 'Abraa Ka Dabra' that Chandra, Ketu, and Buddh have come together as a negative force on her personality. According to the anchor, that alignment could mean psychological impact and financial loss, among other things. Did that have something to do with her death, the channels wondered? Stale food: This was another 'mystery'. On the day Shefali observed a religious fast, NDTV 24×7 reported that she apparently broke the fast by eating 'stale food'. CNN News 18 said 'food poisoning' cannot be ruled out. The most popular theory is that her self-medication of anti-ageing pills, vitamin C, and other medicine, combined with the fasting, led to her death. Well, no, 'stress' could also have had something to do with it. 'Was she in depression?' (NDTV India). A Times Now reporter informed us she suffered from epilepsy too. And maybe she had experienced 'heart symptoms long ignored by herself?' Anti-ageing medication was the culprit, concluded most news channels. However, a panel of doctors on Aaj Tak challenged this conclusion, saying it was theoretically possible but… 'What ails young hearts?' asked the CNN News 18 anchor, referring to Shefali's death and four deaths due to heart attacks in Tamil Nadu's Hassan district. Well, as one NDTV 24×7 reporter said about Shefali Jariwala's death: 'It is all a matter of investigation.' Or speculation. The author tweets @shailajabajpai. Views are personal. (Edited by Prashant)
