 "Taj Mansingh Hotel auction: SC adjourns hearing for next week")
The Supreme Court on Thursday adjourned the hearing in connection with the plea of Indian Hotels Company (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, for next week.
Earlier this month, Delhi Chief Minister Arvind Kejriwal had announced that an open auction of Taj Mansingh Hotel would be done.
Kejriwal made the announcement following a special meeting of the NDMC's top decision-making body.
The apex court, earlier in November 2016, ordered that the status quo with regard to the Taj Mansingh Hotel be maintained and issued a notice to the NDMC to reply to the plea against the auction.
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 gave a green signal to the NDMC to go ahead with the public auction of the Taj Mansingh Hotel located in Central Delhi.
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