Solved the Issue .... in case if anyone else is wondering ...
Concept : We only need to pass the EventArgs via MVVM-Light Event to Command. In event to Command, there is a property Source. we can cast this 'Source' Property to the object that generated this command.
Example :
we declare command with eventargs in ViewModel Constructor
FilterQuotationsCommand = new RelayCommand<GridViewFilteredEventArgs>(FilterQuotationsCommandExecute);
And we Access the Sender via the "Source" after casting it to the sending control.
private void FilterQuotationsCommandExecute(GridViewFilteredEventArgs e)
{
var grid = (RadGridView) e.Source; // we casted the Source to Grid
var item = grid.SelectedItem; // we can access grid's selected items
}