Vadodara: A two-decade long battle for inheritance of property worth more than Rs 20,000 crore in one of India's most famous royal families ended in a Gujarat court today.
Estranged members of the royal Gaekwad family of the former princely state of Vadodara - recently crowned Maharaja Samarjitsinh Gaekwad and his uncle Sangramsinh - arrived at a settlement in a district court in the city.
According to the deal, the majestic Laxmi Vilas Palace and the 600 acres of land around it in Vadodara will be retained by Samarjitsinh and his family.
His uncle, Sangramsinh Gaekwad, and his family will get control of the Indumati Mahal in Vadodara and a few properties owned by the Gaekwads in the city.
Sangramsinh also got control over the private limited companies floated by the family earlier.
For more than two decades, the warring families were locked in a series of litigations with the battle continuing even after Ranjitsinh's death last year.
After the settlement, the families tried to cover up the strained past. "We are satisfied with the outcome and hope we will overcome the past and forge a new relationship between the family members," Samarjitsinh Gaekwad told NDTV.
Estranged members of the royal Gaekwad family of the former princely state of Vadodara - recently crowned Maharaja Samarjitsinh Gaekwad and his uncle Sangramsinh - arrived at a settlement in a district court in the city.
According to the deal, the majestic Laxmi Vilas Palace and the 600 acres of land around it in Vadodara will be retained by Samarjitsinh and his family.
His uncle, Sangramsinh Gaekwad, and his family will get control of the Indumati Mahal in Vadodara and a few properties owned by the Gaekwads in the city.
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Sangramsinh also got control over the private limited companies floated by the family earlier.
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For more than two decades, the warring families were locked in a series of litigations with the battle continuing even after Ranjitsinh's death last year.
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After the settlement, the families tried to cover up the strained past. "We are satisfied with the outcome and hope we will overcome the past and forge a new relationship between the family members," Samarjitsinh Gaekwad told NDTV.
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