November 22, 2016 8:22 AM

printer

SC orders status quo in Taj Mansingh hotel auction process

The Supreme Court has ordered status quo and restrained New Delhi Municipal Council, NDMC from auctioning process of the Taj Mansingh Hotel in Delhi. A two Judge bench of justices, P.C.Ghose and U U Lalit yesterday also refused NDMC's prayer that the hotel should be restrained from taking any fresh booking.<br/><br/>Indian Hotels Company Ltd, IHCL, which runs the Taj Mansingh Hotel in the national capital, had approached the apex court against the Delhi High Court order that cleared the decks for auctioning of the iconic property.<br/><br/>The property, owned by the NDMC, was given to the IHCL on a lease of 33 years. The lease had ended in 2011 and the company was given nine temporary extensions since then on various grounds.

Most Read
View All arrow-right

No posts found.