The Mafatlal family jewellery, the subject of a protracted dispute between matriarch Madhuri and son Atulya, will go to Atulya and his family.
The Bombay High Court on January 29 asked Madhuri to distribute the jewellery lying with the two trusts — created by her husband, the late Yogindra, in March 1973 — equally between Atulya, his socialite wife Sheetal and their two minor children Varun and Mahrushka. The jewellery is valued at Rs 28 lakh.
The family feud became public in September 2005 with Madhuri filing a suit alleging harassment by Atulya and Sheetal. Madhuri had also questioned whether Atulya was a trustee and therefore entitled to the jewellery in Atulya Family Trust No 6 and Atulya Family Trust No 7.
In reply, Atulya’s counsel had showed a resolution dated August 18, 1983, which incorporated Atulya as a trustee.
On January 29, Justice Roshan Dalvi asked Madhuri to distribute the jewellery to Atulya’s family on February 22 in the
presence of A. Rodrigues, prothonotary and senior master of the HC, in her office. The share of the minor children will be
given to Atulya as their guardian.
After Yogindra’s death in January 2005 his assets, including a 10,000 sq ft flat at Altamount Road, was left for Madhuri reportedly through a one-line will. The jewellery in the trusts was to be distributed to Atulya and his family.
Madhuri alleged that Atulya and Sheetal were harassing her and her daughter-turned-son Ajay (Aparna, before her sex change operation) in order to throw them out of the flat. Atulya countered by stating that the suit was filed to delay the distribution of the jewellery.
It was also alleged that Aparna underwent a sex change in October 2004 only to stake claim to the jewellery as the eldest son of the family.