New Delhi, May 22 :    New Delhi, May 22:  The tussle for control over The Claridges, the troubled hotel chain with properties in Delhi and Mussoorie, has taken a new turn, with a split in the ranks of the five daughters of T. N. Khanna, co-owner of the hotel chain. T. N. Khanna is already fighting a case before the Company Law Board against brother S. K. Khanna. Both are equal partners in the hotel chain which has seen its turnover tumble by over 40 per cent from Rs 32 crore in 1997 to Rs 19 crore in 2000. But now, the five daughters of T.N. Khanna - who are respondents in the earlier CLB case - have split, with one of the daughters, Rekha Chandok, offering to buy out the share of the other four. Chandok, who is a US citizen, has the support of two sisters and her mother, but is bitterly opposed by her father, the other two sisters and their husbands. Trouble erupted recently when the two sisters opposed to Chandok allegedly entered into talks with a third party to sell their stake in the hotel. T. N. Khanna's 50 per cent stake in The Claridges is routed through holding company Debraha. Khanna had divided his 75 per cent stake in Debraha among his five daughters. Abhishek Manu Singhvi, senior advocate and former additional solicitor general, who is representing Chandok and her mother, said: 'My client and her mother have been treated very shabbily by two of her sisters and their husbands. Together with her allies, she should be allowed to buy out the other two sisters.' Chandok has already offered a complete buyout of all the other shareholders in the T. N. Khanna camp. In case the others cannot pay up, she has offered to deal independently with the S. K. Khanna group. 'My client is not restricted from holding shares in India under any RBI or Fera rules or visa requirements. She will be able to manage the affairs of the hotel chain through her two sisters and by frequent visits to the country.' Singhvi said all the earlier orders issued by the CLB should be modified in the light of the latest developments. 'My client is interested in the hotel not because of its commercial value but because of its sentimental value as a family heirloom,' Singhvi said. Earlier, 'The Claridges' chain comprised 'Holiday Inn' in Mumbai and 'Majorda Beach' in Goa. Family problems saw a division of these properties and the chain now has two hotels in New Delhi and Mussoorie. A hotel official however said none of the owners are concerned about the low occupancy rate it has witnessed over the past few years. 'At one time, this hotel used to have 90 per cent occupancy even during the lean summer months. Guests were requested to shift to other hotels. But now the role is completely reversed,' he said. The case will come up for hearing again before the CLB on July 10.