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The British actress and modell - who announced on Sunday she had split from the Indian textile heir "months ago" - did not put a legally-binding agreement in place to protect her £13m fortune prior to the couple's two lavish wedding ceremonies in 2007.
A source told the Daily Mail newspaper: "A prenup would have been a deal-breaker for Arun. He has his pride."
The 45-year-old star's personal assets include a £4.3m farmhouse in Gloucestershire, South-West England, as well as a £2.5m townhouse in London's exclusive Chelsea district, which she still co-owns with her ex-boyfriend Hugh Grant.
Despite Arun coming from a wealthy Indian family, it is believed he has no assets in the UK.
Though the couple had no prenuptial agreement, it is not expected that Elizabeth will have to hand over a large portion of her fortune.
London-based divorce lawyer Ayesha Vardag - who is not connected to the case - said: "He would be very unlikely to get half Miss Hurley's fortune because her assets were mainly acquired before their marriage."
The couple's split comes after pictures emerged of Elizabeth kissing former Australian cricket star Shane Warne, whom she allegedly enjoyed two nights with in a London hotel.
While Shane is divorced from ex-wife Simone Callahan, the pair were said to be heading towards a reconciliation prior to the revelations, though he has since insisted he has not been romantically involved with his former spouse for some time.
He wrote on his website: "Sadly and unfortunately, Simone and I split up a while ago, our close friends and family were informed at that time. It is a private matter so we did not make it public. We remain friends and will continue to be good parents."
