Supreme Court allows NDMC to e-auction five-star hotel Taj Mansingh

Supreme Court allows NDMC to e-auction five-star hotel Taj Mansingh
The Supreme Court today allowed civic agency NDMC to e-auction five-star hotel Taj Mansingh, presently being run by Tata Group firm Indian Hotels Company (IHCL), in the heart of the national capital.
A bench comprising Justices P C Ghose and R F Nariman allowed the plea of New
Delhi Municipal Council (NDMC) that the Tata Group firm cannot have the right
to refusal in the auctioning of the hotel.
The bench, however, asked the civic body to grant six months "breathing
time" to the company in vacating the hotel in case they lose out in the
e-auction. The court also said that the "blemish-free" record of Tata
Group firm IHCL may be taken into account by NDMC while auctioning the iconic
property.
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