March 21, 2023

Supreme Court settles Jaipur royals’ long-drawn property feud | India News – Times of India

JAIPUR: The Supreme Court has put the curtains down on the protracted legal battle involving Jaipur royal family members over ownership in prized properties, Jai Mahal Hotels and Rambagh Palace Hotel, after the court-appointed mediator Justice (retd) Kurian Joseph brokered an amicable settlement of dispute.
According to the terms of settlement, Devraj Singh and his sister Lalitya Kumari, the grandchildren of Maharani Gayatri Devi, will get back the luxurious heritage property, Jai Mahal Palace Hotel, from their step uncles while they forego their stake in Rambagh Palace in favour of their uncles.
Devraj Singh and Lalitya Kumari, children of late Jagat Singh, Sawai Man Singh’s lone child from his marriage with Gayatri Devi, will get back their inherited properties after an amicable settlement within the Jaipur royal family.
The family members of the Jaipur royalty, who had stakes in the personal properties of the Jaipur royals that included luxurious hotels and other immovable properties, decided to go for an amicable settlement out of the court following the Supreme Court’s direction to various stakeholders to explore that possibility. This followed years of legal battles being contested in various courts, including the National Company Law Tribunal.
The SC had appointed retired apex court judge Justice Kurian Joseph as the mediator to work out a solution.
According to the settlement, Vijit Singh and his brother Jai Singh, sons of late Prithviraj, Sawai Man Singh’s sons from his marriage with Maharani Kishore Kunwar, agreed to handover Jai Mahal Palace Hotel to Devraj Singh and Lalitya Kumari at a settlement arrived at on December 15. The majestic property is run as a hotel by the Tata Group under contract management.
Devraj Singh and Lalitya Kumari would in turn forego their shares in the Rambagh Palace entirely in favour of Jai Singh and Vijit Singh.
Following the settlement, Justice Joseph presented the amicable settlement to the apex court which passed an order to this effect that would be binding on all stakeholders.

Leave a Reply

Your email address will not be published. Required fields are marked *