The Supreme Court has rejected the transfer of Shiv Sena’s assets from team Thackeray to another group. The dispute arose after the death of Shiv Sena founder Bal Thackeray in 2012. The Bombay High Court had earlier ordered the transfer of the assets to a trust.
The trust was proposed to be headed by Jayadev Thackeray, Bal Thackeray’s estranged son. The Shiv Sena challenged this order in the Supreme Court. The party argued that the assets belonged to the party and not to any individual. The Supreme Court agreed with the Shiv Sena’s argument and rejected the transfer of assets.
The court said that the assets belonged to the party and could not be transferred to any individual or trust. The court also observed that the dispute over the assets had been ongoing for many years and that it was time to put an end to it.
Further, the Shiv Sena welcomed the court’s decision and called it a victory for the party. The party said that the assets would be used for the benefit of the people of Maharashtra. The decision is seen as a setback for Jayadev Thackeray and his supporters who had been hoping to gain control of the party’s assets.
The Shiv Sena is one of the oldest and most powerful political parties in Maharashtra. It was founded by Bal Thackeray in 1966 and has been in power in the state for several years. The party is known for its hardline stance on issues such as Hindutva and Marathi nationalism.
Lastly, dispute over the party’s assets had been seen as a reflection of the power struggle within the party. With the Supreme Court’s decision, it remains to be seen how the party will move forward and whether there will be any changes in its leadership.
