BUSINESS
Anastasia Oberoi, along with her mother Mirjana Jojic Oberoi, has filed a suit against her…
Anastasia Oberoi, who is the daughter of the late veteran hotelier PRS Oberoi, has been caught in a legal war with some of her own family members over the inheritance of her father’s property and the implementation of his will.
The Delhi High Court has intervened to stop EIH Limited and its holding companies from selling shares in the middle of these family squabbles.
It is to be noted that Anastasia has filed a case against her brother Vikramjit Oberoi, sister Natasha Oberoi, and cousin brother Arjun Oberoi, along with her mother Mirjana Jojic Oberoi. They claim that they, in collusion with the executors appointed by their late father, are seeking to frustrate the implementation of his will. The case is based on the management of the family’s large stake in EIH Limited, which operates Oberoi and Trident hotel brands.
On September 12, 2024, Delhi High Court, after listening to the arguments in detail, passed an interim order in favour of Anastasia Oberoi and other plaintiffs for the protection of the subject of the lawsuit. Regarding the shares, the court passed an injunction concerning PRS Oberoi and the family home, ensuring Anastasia and her mother’s ownership of the property.
The legal authenticity of the will of PRS Oberoi has been challenged by Vikramjit and Arjun. They say that the will does not portray the true feelings and desires of M.S. Oberoi, father of P. R. S. Oberoi. But the court observed that there is enough material produced by the plaintiffs to show that there is prima facie reliability of the will and the codicil.
Anastasia, through the lawsuit, intends to seek an order of the court to affirm her right to own, hold, and exercise rights in shares of Oberoi Hotels, Oberoi Properties, and Aravali Polymers LLP as provided under her father’s will. The will also provided immovable property of the family, Aashiana Villa, Delhi, to a trust where Anastasia is the sole member of the trust along with her mother and another member.
During the course of the legal proceedings, the Delhi High Court has been very assertive in safeguarding the cause of justice and the plaintiffs. It passed an order restraining the defendants from transferring or transmitting any shares belonging to the deceased PRS Oberoi. The court has also restrained the executors from exercising their voting rights, except for compliance with the legal requirements and the filing of statutory returns.
The struggle of Anastasia Oberoi to remain loyal to her father’s will and get her fair share of the family’s inheritance has drawn the interest of the business world. All the attention will be on the Delhi High Court in the future to observe how it is going to solve this intricate family dispute and define the further development of the Oberoi Group.
DNA TV Show: Why Pakistan worried about a Donald Trump presidency
Pakistan bow down as THIS country set to host India’s Champions Trophy 2025 matches
Amid heavy pollution in Delhi, these 12 Indian cities enjoy fresh, clean air
Bigg Boss 18: Vivian Dsena confides in Kashish Kapoor about his stepdaughters, talks about his...
After S Jaishankar's conference, India slams Canada for action against Australian news channel
Sidhu Moosewala's parents share NEW pic of his baby brother, netizens say 'so cute'
‘It definitely does a lot of good to my ego’: Aishwarya Rai gets candid in film promotion interview
Ignored for Australia Tests, India star slams sensational Ranji Trophy double ton
Interviewer asks Aishwarya Rai ‘how do you look so fab’, she says…
How Biden’s Lame-Duck Period Could Influence Policy Decisions After Choosing Not to Run in 2024
Watch: Viral video shows heated argument between passengers in Delhi metro
Virat Kohli's 'new chapter for me' post ahead of Border-Gavaskar Trophy sends internet into frenzy
Mukesh Ambani, India's richest man, donated over Rs 400 crore in one year, Gautam Adani gave Rs...
Delhi: Air pollution in national capital spike during Chhath Puja, AQI reaches 'severe' level
AUS vs PAK Live Streaming: When and where to watch Australia vs Pakistan 2nd ODI live in India?
'I gain weight as body...' Arjun Kapoor reveals being diagnosed with Hashimoto’s disease
Stark Visas: The Best Immigration Consultant in Delhi Sets Immigration Dreams High in Ahmedabad
KREEVA targets top 1% elite for its ultra-luxury homes in Delhi-NCR’s prime locations
Tata Group acquires another company for over Rs 18 crore days after Noel Tata joins board
WPL 2025 Retentions: Full list of players retained and released by all 5 franchises
ED raids main vendors of Amazon, Flipkart across multiple cities, including Delhi, Mumbai due to...
Anil Ambani suffers major setback, his company banned for 3 years due to...
Meet woman, a cuddler, professional hugger, earns Rs 7400 in 1 hour, she is...
Meet teen who started working from garage, now set to make Rs 25 crore at just 16 from...
Viral video: Slum children recreate Sabyasachi bridal wear, designer reacts; WATCH
Missing Home on Chhath Puja: Yearning and significance behind Bihar’s holy festival
Chhath Puja 2024 Day 4: Usha Arghya date, timings of sunrise, puja rituals, significance and more
Ricky Ponting wants Babar Azam to follow Virat Kohli's footsteps for THIS reason
Elon Musk's net worth surges by Rs 2193295096200 in a day after...
Meet India's richest female YouTuber, left teaching job, has Rs 43 crore net worth, now works as...
This fruit is called non-vegetarian, it is...
Meet man who was India's biggest con artist, he sold Taj Mahal, Rashtrapati Bhawan, Red Fort...
Nita Ambani reveals husband Mukesh Ambani follows a strict diet, here's what he eats
'Tu jhuti woh makkar': Influencer accuses 10-year-old of groping her; narrates ordeal in viral video
Richa Chadha, Ali Fazal name their daughter, Zuneyra Ida Fazal; it means...
After returning as President, what will happen to cases against Donald Trump? Know here
25-year-old turns temple thief, steals ornaments worth Rs 78 lakh for...
Why Mahindra XUV700 is perfect for road trips and off-road adventures
Mahindra Scorpio N: A legacy of toughness with a modern twist
'Capable of loving more women': Kamal Haasan's bold take on marriage and relationships goes viral
How reaction time and speed tests can give gamers a competitive edge
This is world’s most polluted city with AQI of 1165, it’s just 409 kms away from Delhi
Blow to Gautam Adani as his company's shares fell 7% due to...
Pune Porsche crash: Father of teen driver's friend surrenders before court
Geographic and political nature of drug trafficking sea routes to India
Delhi AQI Update: Air quality turns 'severe', AQI reaches...
Mukesh Ambani's SUPERHIT new plan for Jio users, offers 100 GB of free cloud storage for just Rs...
Delhi-Mumbai expressway to slash travel time to 25 minutes: Key stretch to open on...