The Supreme Court on Friday declined to grant relief to Tata-owned Indian Hotels Company Ltd (IHCL), which challenged the order of the Delhi High Court allowing auction of the prestigious Mansingh luxury hotel located in the heart of the capital.
After short arguments, the Tata firm withdrew its appeal. The court allowed the company to approach it after the auction in case of any grievance.
Commenting on the issue IHCL said, “We have withdrawn the special leave petition before the Hon’ble Supreme Court as the Hon’ble Court was not inclined at this point to intervene in the ongoing tender process for the
