Bobby Deol's Father-in-Law Devendra Ahuja's ₹300 Crore Feud: How Bobby Deol and Wife Tania Ahuja's Stance Helped Secure a Multi-Million Dollar Legacy: DETAILS
A Bollywood Family's Bitter Divide: Inside the Devendra Ahuja $36 Million Feud and the Controversial Will Favoring daughter Tania Deol
The Details of the Feud
The conflict reportedly started around 1996, the same year Tania married Bobby Deol. Devendra Ahuja, a wealthy banker and managing director of 20th Century Finance, became involved with a much younger air hostess.
The Allegation of Bias: This support led to accusations by Vikram that his father Devendra Ahuja was heavily biased towards Tania and Bobby, allegedly financing the actor's film projects to revive his career and transferring assets in his daughter's name.
The public family feud involving late banker Devendra Ahuja and his children, Tania Deol (wife of actor Bobby Deol) and Vikram Ahuja, has been a subject of media attention since the mid-1990s. The dispute, which primarily revolved around a ₹300 crore estate, stemmed from a personal conflict that escalated into a bitter legal battle.
A public and acrimonious family feud involving late banker Devendra Ahuja, his son Vikram Ahuja, and his daughter Tania Deol (married to actor Bobby Deol), began in the mid-1990s and became a widely reported media spectacle, continuing even after Devendra Ahuja's death in 2010.
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The conflict reportedly started around 1996, the same year Tania married Bobby Deol. Devendra Ahuja, a wealthy banker and managing director of 20th Century Finance, became involved with a much younger air hostess.
This relationship caused a major rift in the family, leading Ahuja's wife, Marlene, and two of his children, Vikram and Munisha, to distance themselves from him. However, his daughter Tania and son-in-law Bobby Deol stood by him.
The Property and Financial Dispute 💰
At the heart of the feud was a dispute over Ahuja's substantial wealth, estimated to be around Rs 300 crore. Key points of the conflict include:
· Disownment and Will: In June 2010, Devendra Ahuja publicly disowned his son, Vikram, through a newspaper notice. Devendra Ahuja's will reportedly left a large portion of his fortune to his daughter, Tania.
· Share Transfers: Vikram alleged that his father illegally transferred 150,000 of his shares in Greenstone Investments, the parent company of Twentieth Century Finance, to his own name. He also accused his father of transferring the wealth to Tania's accounts and using money to fund Bobby Deol's films to revive his career.
· Legal Battles: The dispute led to numerous court cases. In 2010, Vikram filed a petition with the Company Law Board (CLB), leading to an interim order that froze the shares of Greenstone Investments. In a later case, Vikram’s plea to remove his sister from the board of the family firm was dismissed by the National Company Law Tribunal.
· Property Claims: The conflict also extended to family properties, including a plush apartment in Maker Tower, Cuffe Parade. The Income Tax department had reportedly issued an attachment order for the flat after raids revealed funds had been transferred to Tania's accounts.
The Controversial Last Rites
The family's hostility reached its peak upon Devendra Ahuja's death in August 2010. In a shocking deviation from Hindu tradition, Devendra Ahuja’s will reportedly stipulated that Vikram should not be allowed to perform his last rites.
Final Rites Performed by Son-in-Law:
At the heart of the feud was a dispute over Ahuja's substantial wealth, estimated to be around Rs 300 crore. Key points of the conflict include:
· Disownment and Will: In June 2010, Devendra Ahuja publicly disowned his son, Vikram, through a newspaper notice. Devendra Ahuja's will reportedly left a large portion of his fortune to his daughter, Tania.
· Share Transfers: Vikram alleged that his father illegally transferred 150,000 of his shares in Greenstone Investments, the parent company of Twentieth Century Finance, to his own name. He also accused his father of transferring the wealth to Tania's accounts and using money to fund Bobby Deol's films to revive his career.
· Legal Battles: The dispute led to numerous court cases. In 2010, Vikram filed a petition with the Company Law Board (CLB), leading to an interim order that froze the shares of Greenstone Investments. In a later case, Vikram’s plea to remove his sister from the board of the family firm was dismissed by the National Company Law Tribunal.
· Property Claims: The conflict also extended to family properties, including a plush apartment in Maker Tower, Cuffe Parade. The Income Tax department had reportedly issued an attachment order for the flat after raids revealed funds had been transferred to Tania's accounts.
The Controversial Last Rites
The family's hostility reached its peak upon Devendra Ahuja's death in August 2010. In a shocking deviation from Hindu tradition, Devendra Ahuja’s will reportedly stipulated that Vikram should not be allowed to perform his last rites.
Final Rites Performed by Son-in-Law:
It was his son-in-law, Bobby Deol, who reportedly performed the funeral rituals.
Vikram's Exclusion:
Vikram's Exclusion:
Vikram was allegedly prevented from attending the funeral and performing the traditional rites, a decision he later attributed to Tania and a close family friend of his late father. In interviews, a devastated Vikram claimed, "We may have had professional differences, but never personal. He was my father and I loved him dearly."
Aftermath and Ongoing Disputes
While the initial fallout was fiery and extensively documented, later reports suggest that over the years, the siblings have may have reconciled, attempted to bury the hatchet. Vikram Ahuja is occasionally seen at family functions with Tania and Bobby Deol, indicating a possible, albeit complicated, path toward reconciliation after a feud that gripped the elite circles of Mumbai's business and Bollywood communities for over a decade.
Following Devendra Ahuja's death, the legal battles over his will and company shares continued. Vikram challenged his father's will and Tania's position on the board of Greenstone Investments. In a significant development, an additional director of the company filed an affidavit claiming that his appointment to the board was based on fabricated documents, which questioned the legitimacy of Tania's induction and subsequent business decisions. Court documents and media reports from the years following Ahuja's death highlight a protracted and complex legal fight for control of the family's assets.
While the initial fallout was fiery and extensively documented, later reports suggest that over the years, the siblings have may have reconciled, attempted to bury the hatchet. Vikram Ahuja is occasionally seen at family functions with Tania and Bobby Deol, indicating a possible, albeit complicated, path toward reconciliation after a feud that gripped the elite circles of Mumbai's business and Bollywood communities for over a decade.
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