SC orders status quo in KBL family feud

The Supreme Court has ordered status quo in the Kirloskar Brothers (KBL) family feud related to assets, wherein KBL’S CMD Sanjay Kirloskar has challenged the Bombay High Court order, directing arbitration in the case. The apex court’s status quo will also extend to the proceedings in the Pune civil court on KBL seeking damages for violation of the family deed. Asking the parties involved in the case to explore the possibility of mediation, a bench comprising Chief Justice N V Ramana and Justice Surya Kant issued notice on the appeal by Sanjay Kirloskar and asked them to file replies within six weeks.