Indian hotels company-NDMC dispute: Experts share the legal implications

NDMC wanted to auction the lease, as was the mandate under the New Delhi Municipal Act, 1994

Jasmeet Singh & Sitesh Mukherjee 

The order by Supreme Court noted that while holding the auction NDMC had to “take into account the unblemished track record of the petitioner hotel as well as its capability”. Experts share the legal implications of this observation: ‘SC’s appreciation can buy Indian Hotels Company more time’ The NDMC wanted to auction the lease, as was the mandate under the New Delhi Municipal Act, 1994. IHC unsuccessfully sought an automatic extension and a right of first refusal before the Delhi High Court and the Supreme Court. What it ultimately got was a ...

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Indian hotels company-NDMC dispute: Experts share the legal implications

NDMC wanted to auction the lease, as was the mandate under the New Delhi Municipal Act, 1994

NDMC wanted to auction the lease, as was the mandate under the New Delhi Municipal Act, 1994 The order by Supreme Court noted that while holding the auction NDMC had to “take into account the unblemished track record of the petitioner hotel as well as its capability”. Experts share the legal implications of this observation: ‘SC’s appreciation can buy Indian Hotels Company more time’ The NDMC wanted to auction the lease, as was the mandate under the New Delhi Municipal Act, 1994. IHC unsuccessfully sought an automatic extension and a right of first refusal before the Delhi High Court and the Supreme Court. What it ultimately got was a ... image
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