Oberoi Hotel Group Family Dispute: Delhi High Court Issues Injunction on PRS Oberoi’s Shares
Oberoi Hotel Group Family Dispute: Delhi High Court Issues Injunction on PRS Oberoi’s Shares In a significant development in the Oberoi Hotel Group family dispute, the Delhi High Court on September 12, 2024, issued an interim order in favor of Anastasia Oberoi, daughter of the late veteran hotelier PRS Oberoi. The lawsuit, filed by Anastasia, has brought into focus the contentious issue of inheritance and the control of shares in EIH Limited, which manages the renowned Oberoi and Trident hotel chains. The Dispute: Control Over PRS Oberoi’s Estate The lawsuit was filed by Anastasia Oberoi, alleging that her brother Vikramjit Oberoi, sister Natasha Oberoi, and cousin Arjun Oberoi, along with the executors of PRS Oberoi’s will, were conspiring to obstruct the execution of the will and manipulate the distribution of shares and properties left behind by their late father. The case revolves around the control of the family’s substantial holdings in EIH Limited, Oberoi Hotels Pvt. Ltd., ...