New Delhi, June 9 :    New Delhi, June 9:  L'affaire Claridges gets murkier by the day. The split in the ranks of the T. N. Khanna faction, which has a 50 per cent stake in the hotel chain that has properties in Delhi and Mussoorie, has created a piquant situation after it missed a Company Law Board-ordained June 4 deadline to buy out the other half of the equity pie held by brother Arun Khanna's family at a pre-determined price of Rs 3.33 lakh per share. T.N. Khanna has obtained a stay from the Delhi high court till July 25 on the proceedings of the CLB which was arbitrating in the battle for control of the hotel chain. The CLB, through an order issued on February 1, had said the dispute could be resolved if one of the owners bought out the other at the quoted price. It gave the T. N. Khanna faction the right to stump up the cash first and set a June 4 deadline to make the deposit in a court account. If it missed the deadline, the Arun Khanna group would get the right to make good on the offer. CLB's dispute resolution mechanism was made in the interests of the company. In the interim however, the T. N. Khanna faction split with two of the daughters supporting the father while a second camp was formed by a US-based daughter Rekha Chandok, who had rallied the support of two other sisters and her mother. Chandok has accused her father of trying to sell out the family's interests in the hotel chain to a third party. She has offered to buy out the holdings of both branches of the family. Abhisekh Manu Singhvi and and Pushpendra Kumar Bansal are currently appearing for Chandok and her mother. Once word of the split in the T. N. Khanna faction got out, the Arun Khanna group approached the CLB and argued that the goodwill of the company would be jeopardised if it was taken over by a family faction that was itself deeply divided. In its May 22 order, the CLB permitted the Arun Khanna group to make a counter-offer. Alarmed by this development, the T. N. Khanna faction approached the Delhi high court and argued that even if his branch of the family was riven, there was nothing that could trammel the right T. N. Khanna and his two daughters to buy Arun Khanna's holdings.