The Supreme Court will today continue the hearing in connection with the plea of Indian Hotels Company Limited (IHCL) against the Delhi High court order allowing the New Delhi Municipal Council (NDMC) to auction the Taj Mansingh Hotel, located in the Lutyen’s zone.
Earlier on March 3, The NDMC told the apex court that it wants to e-auction the five-star Taj Mansingh Hotel in the heart of the national capital. IHCL, which runs the Taj Mansingh Hotel in the national capital, had on November 8, last year, approached the apex court against the Delhi High Court order which had paved the way for auctioning of the historic property. The firm had challenged the October 27 verdict delivered by a division bench of the Delhi high court which had dismissed IHCL’s petition challenging the move by the NDMC to auction the property.
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Earlier this month, Delhi Chief Minister Arvind Kejriwal announced that an open auction of Taj Mansingh Hotel would be done. Kejriwal, a member NDMC made the announcement following a special meeting of its top decision-making body.
The Delhi High Court had earlier dismissed the Tata Group’s appeal for retaining management rights over the Taj Mansingh Hotel, and in all practicality, told the business conglomerate that it would have to participate in the auction process. The High Court, however gave a green signal to the NDMC to go ahead with the public auction of the hotel.