S.N.KAPUR
K. K. MODI – Appellant
Versus
K. N. MODI – Respondent
( 1 ). Heard parties counsel on this application for amendment of the plaint.
( 2 ) MR. RAJIV Sawhney, learned senior counsel appearing on behalf of defendant No. 10, states that they are not opposing the amendment.
( 3 ) THE plaintiff and the defendant Nos. 1, 2 and 10 to 15 belong to Modi family and are interested in 20 limited companies known as the Modi Ground of Companies . Late Sh. Gujar Mal Modi and Sh. Kedar Nath Modi, the two brothers started their venture. Sh. Gujar Mal Modi died in 1976 leaving behind his sons, namely, KK. Modi, plaintiff and his brothers Mr. V. K. Modi, Mr. S. K. Modi, Mr. B. K. Modi and Mr. U. K. Modi (Group b for short ). Mr. M. K. Modi, Defendant No. 2, Mr. Y. K. Modi, Defendant No. 14 and D. K. Modi, defendant No. 15 are sons of Sh. Kedar Nath Modi, defendant No. 1. Some disputes and differences arose in the family about proper management and control of the companies. The Govt. of India through financial institutions is also involved for they have lent some advances to this group of companies and it was thought that Modi Group of Companies be split between Group A i. e. Sh. K. N. Modi and his sons and Group B companies of the plai
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