Finance outlook india logo
Home News Exclusive Expert's Viewpoint Corporate Startup Fintech Personal Magazine About Us Budget'24
  • Budget'26 Budget'25 Budget'24
    • Home
    • News
    Rs 15000 Cr Family Estates of Saif Ali Khan might be Taken Over by the Govt

    Rs 15,000 Cr Family Estates of Saif Ali Khan might be Taken Over by the Govt


    Finance Outlook India Team | Wednesday, 22 January 2025

    Bollywood star Saif Ali Khan is still recuperating from his Mumbai knife wounds, but he still has to deal with the impending government seizure of his family's enormous estates in Madhya Pradesh. According to NDTV, the properties, which are estimated to be worth Rs 15,000 crore, are currently at the heart of a court battle.

    A stay on these properties that had been in effect since 2015 has been lifted by the Madhya Pradesh High Court. This ruling might have made it possible for the government to seize them under the 1968 Enemy Property Act, which gives it the authority to seize the belongings of anyone who immigrated to Pakistan after Partition.

    Justice Vivek Agarwal said in his ruling that the 2017 Enemy Property Act amendments provide remedies. The Madhya Pradesh High Court instructed the appellate body to consider the appeal without rejecting it on the basis of limitation, and it instructed the parties involved to submit a representation within 30 days. The court decided that the appellate authority would handle the appeal on its own merits and would not refer to the statute of limitations if a representation was submitted within 30 days of today.

    Dispute Origin

    Hamidullah Khan, the last Nawab of Bhopal, is the subject of the debate. He had three daughters. While his second daughter, Sajida Sultan, remained in India and wed Nawab Iftikhar Ali Khan Pataudi, his eldest, Abida Sultan, moved to Pakistan in 1950.

    Sajida became the properties' legitimate successor.

    Saif Ali Khan, Sajida's grandson, inherited a portion of these properties. But the government's argument that these assets are "enemy property" is based on Abida Sultan's migration.  

    A court acknowledged Sajida Sultan as the legitimate heir in 2019, but the new decision has rekindled the legal battle.  

    Government actions cause fear

    Plans to review the last 72 years' worth of ownership records for these properties were announced by Bhopal Collector Kaushalendra Vikram Singh. He made a suggestion that under state leasing legislation, those living on these properties might be regarded as tenants.

    Nearly 150,000 residents are apprehensive about the impending government takeover, and many of them are afraid of being evicted. Uncertainty is increased by ongoing surveys and ownership verifications.  

    "The stay has been lifted, but combining these properties under the Enemy Property Act is complicated." "The Pataudi family still has an opportunity to appeal," said Sumer Khan, a local neighbor.  

    Others expressed worry about their properties. Another resident, Chand Mian, told NDTV, "We pay taxes, but there is no registry for our homes." The Nawab's leases should still be valid."  Naseem Khan, who lives in the neighborhood, noted, "The government claims these properties, but many have been sold or leased throughout the years. This situation is far from simple."  



    Read More:

    MoneyView Files DRHP With Sebi for Rs 1,500 Crore IPO

    PhonePe Eyes $10.5B Valuation in Upcoming IPO

    KNOWLEDGE DECK

    Most Viewed

    • The Economic Impact of India-Pakistan War: A Detailed Analysis

    • Why Financial Literacy Matters More Than Ever for Today's Youth

    • Prominent Financial Advisors in India to Partner With

    • Rags to Riches: The Top 6 Indian Entrepreneurs' Motivational Tales of Success

    • Navigating Financial Disruption With Future Proof Financial Service Deliverability

    • India's Rs 31 Lakh Cr Green Push: Building the Foundation of a Net-Zero Future

    • Wakhariya & Wakhariya: Facilitating International Legal Processes across Diverse Domains

    • Aligning Financial Strategies with Sustainable Business Goals

    • The Top 5 Highest-paid Actors in India - 2024

    • Central Government Proposes Tax on Agricultural Water Usage

    • Carpediem Capital Invests INR 100 Crore, CorporatEdge to Deploy INR 350 Crore in the next 3 Years

    • EPFO Registers All-Time High Member Addition of 20.06 Lakh in May 2025

    • Unearthing Intricacies of Today and Beyond in the Indian Insurance Sector

    • Expected Correction in Housing Prices to Revive Sales in Coming Quarters

    • How to Choose the Right Mutual Fund for your Financial Goals?

    • Future of Corporate Finance: Emerging Trends in Treasury Solutions and Cash Management for MNCs

    • ElasticRun Announces FY24 Financial Results: Key Details

    • Financial Inclusion in Viksit Bharat

    • Abans Financial Services Advises Vaishali Pharma on Strategic Acquisition of Kesar Pharma






    🍪 Do you like Cookies?

    We use cookies to ensure you get the best experience on our website. Read more...

    Copyright © 2026 Finance Outlook India. All rights reserved.   Privacy Policy Terms of Use Blogs Conferences Subscribe WRAPUP’25