Raj Kundra gets relief from Bombay High Court in | Indian Movie News
Businessman Raj Kundra has secured initial relief from the Bombay High Court after the court permitted him to problem an ex parte anti-suit injunction issued by the High Court of England and Wales in connection with his 11.7 p.c stake in Rajasthan Royals.
The order was handed by Justice Abhay Ahuja under Clause XII of the Letters Patent, permitting Kundra to institute a go well with on the Original Side of the High Court. The development marks an early legal win for Kundra in an ongoing dispute regarding shareholding and governance points linked to the IPL franchise’s holding construction.
According to the plea, Kuki Investments, a Bahamas-based entity owned by Kundra, holds 11.70 p.c of the paid-up share capital of Royals Multisport Private Limited, the company that owns the Rajasthan Royals franchise. The stake is held through Mauritius-based EM Sporting Holdings Limited.
The dispute traces back to proceedings initiated by Kundra before the National Company Law Tribunal in Mumbai last yr. In his company petition, Kundra alleged oppression and mismanagement by Emerging Media Ventures. The allegations included claims relating to siphoning of funds, related-party transactions and points regarding statutory data.
Emerging Media Ventures subsequently approached the High Court of England and Wales and obtained an ex parte anti-suit injunction on January 29, 2026. The order restrained Kundra and Kuki Investments from persevering with proceedings before the NCLT or initiating any legal motion in India against the company.
Kundra then moved the Bombay High Court, arguing that the England court’s injunction was not enforceable and violated rules of natural justice. He contended that the order adversely affected his company’s means to pursue statutory remedies obtainable in India.
On the query of jurisdiction, Kundra submitted that a substantial half of the trigger of motion arose in Mumbai. He identified that he resides in town, Royals Multisport Private Limited is registered there and the alleged acts of oppression relate to the Indian entity. He also highlighted that the NCLT proceedings are pending in Mumbai.
Justice Ahuja accepted the jurisdictional submissions and granted Kundra go away to file a go well with looking for an anti-enforcement order against the operation of the English anti-suit injunction in India. The choice permits him to formally problem the applicability of the overseas court order within the Indian legal framework.
Advocates Nausher Kohli and Soham Okay appeared for Kundra and Kuki Investments. They have been briefed by a crew from S&T Legal that included associate Akshay Gosavi and junior associate Ankit Pitti.
Also Read: ED alleges Shilpa Shetty’s husband Raj Kundra held Rs 150 crores in bitcoins; court summons him in money laundering case
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