The actress, 29, said that she would have liked to go to the party but claimed that she was unable to attend due to her busy schedule.
"Bebo (Kapoor) was to attend the international film festival," a source told Mid Day. "Cole was already there to perform a 30-minute set at a party thrown by luxury jewellery firm de Grisogono on May 18 at the Hotel du Cap.
"The singer had performed in front of a star-studded crowd including Naomi Campbell and fashion heir Margherita Missoni. The organisers heard that Cole was keen on meeting the Indian actress and an invite for the A-List event was sent out to her.
"Though her managers were informed of the invitation, Bebo herself had to turn it down as the Golmaal 3 schedule in Goa had been fixed months ago and they were shooting the film's climax with the entire cast (20 people in all). There was no way she could have opted out and made it to the party in France."
Kapoor said: "I was invited to attend Cheryl's party but was in Goa and overworked. Of course, it would have been fun to go and I would have loved to attend. I love her songs and was very keen on meeting her. Maybe I'll meet her if I go to Cannes next year."