Indian Hotels to move SC against High Court verdict
Tata Group hospitality arm Indian Hotels Company on Friday said it plans to challenge the decision of Delhi high Court, which dismissed its appeal against the auctioning of iconic Taj Mansingh Hotel by the NDMC. “The company proposes to challenge the dismissal of appeal in the Supreme Court,” Indian Hotels Company said in a filing to BSE. The company had filed an appeal challenging the earlier judgment dated September 5, 2016 of Delhi High Court before a division bench of the High Court. “By the judgment dated October 27, 2016, the company’s appeal has been dismissed,” it added. Initially, Indian Hotels had filed a injunction suit against NDMC in April, 2013 before Delhi High Court seeking to restrain NDMC from going ahead with its decision to opt for auction of the hotel.