The Supreme Court today adjourned hearing on a plea filed by Sanjay Kirloskar, promoter of Kirloskar Brothers, to July 27 following a request by his counsel. Sanjay Kirloskar, who is in an ownership dispute with his brothers—Atul and Rahul -- had moved the Supreme Court to appeal against a Bombay High Court order, which had ordered an arbitration as per a family settlement.
The dispute between the siblings got ignited after Rahul and Atul acquired La Gajjar Machineries in 2017, which competes with Sanjay’s Kirloskar Brothers Ltd. As per Sanjay, the companies run by his siblings cannot compete with his KBL,