DELHI
The court hearing on the Taj Mahal hotel has was deferred to November 7, owing to the absence of Delhi High Court judge M L Mehta. The lease extension for the property expires in October.
In April, Indian Hotels Company, which operates the Taj group properties, had filed an injunction suit in the high court to secure a stay on the auction. Since the matter is sub judice, New Delhi Municipal Council (NDMC), the owner of the property, isn’t likely to hold an auction till the court announces a decision on the matter. Earlier, the court had told Indian Hotels Company the company was free to approach the court if NDMC took any coercive action against it.
In its previous council meeting, the civic body had referred the auction matter for the opinion of the solicitor general, after the home ministry had said Indian Hotels Company shouldn’t be given the first right of refusal in case of an auction.
Full report here Business Standard
