Headline
Oberoi family in litigation over inheritance and control of the hospitality empire.
Summary
A dispute of inheritance has exploded within the Oberoi family over contradictory wills left by the late PRS Oberoi, with step-siblings and cousins fighting for control over the assets of the Oberoi Group’s. Anastasia Oberoi has approached the Delhi High Court to assert her claim.
Key Facts
- Case Name:Anastasia Oberoi vs. Vikramjit Oberoi & Ors., Delhi High Court
- Interim orders has been issued by the Delhi High Court
- PRS Oberoi’s daughter, Anastasia Oberoi, gave a 2021 will as final testament of her father.
- Vikramjit and Arjun Oberoi argued on this, showing a will made in 1992 and claiming the shares belong to them.
Legal Insights
An interim order has been issued by the court halting the transfer of Oberoi Group shares and properties, maintaining the status quo until further deliberation.
Impact
This Oberoi family dispute could seriously affect the Oberoi Group’s operations and future growth amidst market expansion plans.
Why it Matters
It showcases the difficulties of inheritance in high level corporate families, mainly in a competitive sector like hospitality.
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