Court Appoints New Directors at Oberoi Hotels Amid Family Dispute

06 Nov 2024 CW Team

In the ongoing Oberoi family inheritance dispute, the Delhi High Court has intervened, temporarily appointing Anastasia Oberoi as a director of Oberoi Hotels and Oberoi Properties. The decision follows a legal battle over the will of her late father, Prithvi Raj Singh Oberoi, founder of the Oberoi Hotels group. Anastasia is challenging the validity of the March 1992 will, arguing it excludes her interests, as outlined in a later 2021 will, which she claims entitles her to share in the family estate and the governance of the businesses.

At the core of the dispute is a battle over the transfer of shares in Oberoi Hotels and its holding companies, with Anastasia and her mother alleging that her step-siblings are blocking the execution of the 2021 will. The court has restrained the transfer of shares until the dispute is resolved. While the court’s ruling allows Anastasia to attend and vote at the annual general meeting, it is focused only on the specific event and does not set a wider precedent. This development marks a significant point in the high-stakes legal drama involving one of India's most prestigious hotel empires

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Infrastructure Transport

06 Jul 2026

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Infrastructure Transport

06 Jul 2026

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..