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Kolkata: Two minor grandsons of S.K. Bangur, chairman of Ltd, have approached the Calcutta high court seeking partition of their family’s assets and businesses worth Rs3,000 crore.
The S K Bangur group, owners of West Coast Paper Mills, is facing a suit for portioning its assets, estimated at Rs 30 billion. The suit has been filed by S K Bangur's minor grandsons, and initiated by their mother, Nitya Bangur, in the Calcutta High Court. Nitya Bangur, daughter of the late Deepak Khaitan and granddaughter of Brij Mohan Khaitan, is married to the elder son of S K Bangur, Virendraa Kumar Bangur.