Skip to main content
Wednesday, August 23, 2017

85-year-old granny, daughter-in-law locked in shares suit

 Makadara law court .PHOTO/file
Makadara law court .PHOTO/file

A suit filed against an 85-year-old grandmother by her daughter-in-law was heard yesterday.

Mamta Peeush says her mother-in-law Yashwant Kumar, being the executive of an estate and a beneficiary of three companies, has violated a shares agreement by her late husband, Peeush Premlal. Mamta filed the suit on behalf of Premlal, who was a shareholder in the family business.

In September 2012, Premlal instructed law firm Raffman Dhanji Elms and Virdee Advocates to prepare an agreement for sale of shares in respect of shares held by the estate of her late father-in-law Krishna Mahajan. The companies are Shalimar Flowers Ltd, East African Growers Ltd and Maya Investments Ltd which belonged to Krishna.

Mamta says Yashwant refused to sell the shares in which her husband had paid two instalments in the companies. She wants to be given Sh18 million. During the hearing at the High Court before Justice Joseph Onguto, the defendant through her lawyer Timothy Naeku said there was no agreement showing Mamta had applied for the grant last year. The hearing continues today.

  • Thank you for participating in discussions on The Star, Kenya website. You are welcome to comment and debate issues, however take note that:
  • Comments that are abusive; defamatory; obscene; promote or incite violence, terrorism, illegal acts, hate speech, or hatred on the grounds of race, ethnicity, cultural identity, religious belief, disability, gender, identity or sexual orientation, or are otherwise objectionable in the Star’s  reasonable discretion shall not be tolerated and will be deleted.
  • Comments that contain unwarranted personal abuse will be deleted.
  • Strong personal criticism is acceptable if justified by facts and arguments.
  • Deviation from points of discussion may lead to deletion of comments.
  • Failure to adhere to this policy and guidelines may lead to blocking of offending users. Our moderator’s decision to block offending users is final.
Poll of the day