Ila Bharat Gupta vs Manoj Bharat Kishore Gupta

J. Kathawalla, former Judge of this Court, as the Sole Mediator to endeavour to bring about a settlement between the parties to the dispute in the present suit.

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Pursuant to the hearings held before the learned Mediator, Consent

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------------------------------------Order dated 5^th May 2026

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901.S/95/2024 Manoj Vs. Shashibala

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Terms dated 1st May 2026 have been drawn up and executed by some of the said parties. For the sake of ready reference, a scanned copy of the said Consent Terms is reproduced hereunder :

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A perusal of the Consent Terms reveal that it has been executed by Ms. Shashibala Bharat Kishore Gupta and her Advocate, Mr. Manoj Bharat Gupta and his Advocate and Ms. Nidhi Gupta Williams through her constituted Attorney since Ms. Nidhi Gupta Williams is presently in the USA. The Advocate of Ms. Nidhi Gupta Williams has also signed the Consent Terms. However, the Consent Terms have not been signed by Milan Bharat Gupta and Ila Bharat Gupta.

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All four children of Ms. Sashibala Bharat Kishore Gupta namely Mr. Manoj Kumar Gupta, Mr. Milan Bharat Gupta, Ms. Nidhi Gupta Williams and Ms. Ila Bharat Gupta are present through video conferencing today and this order has been dictated in their presence.

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Mr. Milan Bharat Gupta reiterates that he is in full agreement with the terms recorded in the Consent Terms and submits that the only reason why he has not affixed his signature thereto is because he is presently in the USA. He however confirms that he has gone through the Consent Terms and he is agreeable with each and every clause that is set out therein. The same is noted and accepted by the Court and he shall henceforth be treated to have executed the Consent Terms and be bound by its contents. He makes this statement before this Court today on video conferencing and the same is noted and accepted. A similar assurance was given by him to the learned Mediator also who has recorded this in the Mediation Report.

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------------------------------------Order dated 5^th May 2026

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After some discussions with the parties, it is agreed that the agreement that is contained in the Consent Terms shall stand modified albeit to the following limited extent :

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(i) Parties agree that the property in New York, USA which is presently in the name of Ms. Ila Bharat Gupta and her husband, belongs to them exclusively and does not form part of the estate of the deceased Bharat Kishore Gupta.

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(ii) Parties further agree that, notwithstanding the bequests that are contained both in the Will and also in the codicil of the deceased, all the amounts that are mentioned therein shall belong exclusively to their mother viz. Shashibala Bharat Kishore Gupta.

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(iii) Parties agree that Ms. Ila Bharat Gupta, in her capacity as the executor of the last Will and Testament of the deceased dated 6^th March 2014 stands discharged without the need to submit any accounts.

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(iv) In clause 10(iii)(k) of the Consent Terms, which provides that all four siblings agree and undertake to jointly and severally look after their mother, viz. Shashibala, and all her needs and desires, and to ensure that at least one of them comes and stays with her regularly and which further records their agreement that the expenses for

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such travel shall not be debited to Shashibala’s account, shall stand modified to the extent that Ms. Ila Bharat Gupta will try her level best to comply with the same to the extent possible by her.

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Subject to these modifications, Ms. Ila Bharat Gupta, who is present on video conferencing today, also agrees to and confirms the arrangement recorded in the said Consent Terms and undertakes to be bound by the same. The same is noted and accepted by this Court and she shall henceforth be treated to have executed the Consent Terms and be bound by its contents. In furtherance thereof, the Consent Terms are signed just now by her Advocate Ms. Nelly Mehta on her behalf. The Scanned Consent Terms reproduced above, thus bears the signature of the Advocate of Ms. Nelly Mehta on 5^th May 2026.

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Considering this, Suit no. 95 of 2024 shall stand disposed of in terms of these Consent Terms as modified by this order.

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All pending Interim Applications taken out in the present Suit, if any, also stand disposed of in terms of the above order, and all interim orders passed, therein also stand vacated.

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Parties also agree that in light of this order, Testamentary Suit no. 149 of 2024 may also be disposed of and they undertake to make the necessary application in that regard before the relevant Bench hearing the said assignment. This shall be done as expeditiously as possible.

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------------------------------------Order dated 5^th May 2026

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