SC stays NDMC's licence termination for Bharat Hotels' LaLit Delhi property
Supreme Court ordered status quo on NDMC's cancellation of Bharat Hotels' 1982 licence deed for The LaLit in New Delhi, offering temporary relief from a revived Rs 1,063.74 crore licence fee demand. The Delhi HC had earlier upheld the termination, putting the flagship property's operations at risk.
Supreme Court ordered status quo on NDMC's termination of Bharat Hotels' licence for The LaLit hotel in Delhi, granting temporary relief after Delhi HC had upheld cancellation and revived a Rs 1,063.74 crore licence fee demand.
Why this matters
The LaLit's flagship Delhi property faced shutdown risk after the Delhi HC upheld NDMC's licence termination and revived a Rs 1,063.74 crore fee demand. SC's status quo order buys Bharat Hotels critical time.
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