The Tata Group faced a legal setback as the Delhi High Court rejected Indian Hotels Company Ltd's (IHCL) plea against the auction of Delhi's iconic Taj Mansingh hotel.
This order permits the New Delhi Municipal Corporation (NDMC) to auction the hotel that was being run by the Tata Group company for 33 years.
Indian Hotels had challenged the 5 September order by a single judge of the Delhi High Court that permitted the auction of the hotel on 1, Mansingh Road in New Delhi. IHCL challenged the single judge's ruling before a two-judge bench in the same court. The single judge had ruled that IHCL was not entitled to an extension to run the hotel.
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