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Tussle over late Maharani Gayatri Devi's shares decided by SC

The legal tussle over the assets of late Maharani Gayatri Devi was finally decided today, with the Supreme Court upholding the verdict of the Delhi High Court order allowing transfer of some shares of late Maharani to her grandchildren Devraj and Lalitya Kumari

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New Delhi: The legal tussle over the assets of late Maharani Gayatri Devi was finally decided today, with the Supreme Court upholding the verdict of the Delhi High Court order allowing transfer of some shares of late Maharani to her grandchildren Devraj and Lalitya Kumari.

A bench of justices A R Dave and Adarsh K Goel said the High Court "rightly" reversed the Company Law Board's (CLB) verdict which ordered rectification of share register of Jai Mahal Hotels Pvt Ltd in which Gayatri Devi held 99 per cent stakes.

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