Mumbai/New Delhi, May 14 -- The Supreme Court on Thursday stayed key agenda items proposed for the 18 May board meeting of Raghuvanshi Investment Pvt. Ltd. (RIPL), a stakeholder in the estate of late businessman Sunjay Kapur.

A two-judge bench comprising Justice J.B. Padriwala and Justice Ujjal Bhuyan passed the order, putting a halt to key items on the proposed agenda, especially the appointment of additional directors and proposed changes in authorised signatories for company bank accounts. The court didn't stop the board meeting from taking place.

The proposed 18 May board meeting includes 33 agenda items covering governance restructuring, RBI compliance, banking operations, and committee appointments. Amid the ongoing Kapur family d...