New Delhi, April 9 (IANS) The Delhi High Court Tuesday issued notice to the NDMC on a plea of Tata Group’s Indian Hotels Company (IHC) against the civic agency’s proposal to auction the lease of a plot on which Taj Mahal Hotel is built in the heart of the city.
Justice M.L. Mehta sought a response from the New Delhi Municipal Council (NDMC) which owns the plot on Mansingh Road in central Delhi and said he would consider the company’s plea seeking an interim stay on the auction on the next date of hearing.
The court granted liberty to IHC, which manages the property and pays a revenue-share fee to the NDMC, to approach the court if any coercive steps were taken against it by the civic agency.
The 33-year lease of IHC ended in October 2011 and was extended by a year by revising the revenue-share licence fee. In September 2012, the NDMC once again granted a one-year extension to the company.