HomeOthersApex court decision on Wildflower Hall safeguards interests: Himachal CM

Apex court decision on Wildflower Hall safeguards interests: Himachal CM

India- Apex court decision on Wildflower Hall safeguards interests: Himachal CM Shimla, Feb 21 (IANS) Himachal Pradesh Chief Minister Sukhvinder Sukhu on Wednesday welcomed the Supreme Court’s decision to uphold the verdict of the Himachal Pradesh High Court regarding ownership of Wildflower Hall, a landmark luxury hotel of Oberoi Group on the outskirts of Shimla. Expressing satisfaction on the ruling, the Chief Minister said in a statement that it safeguarded the interests of Himachal Pradesh. Attributing the favorable decision to the efforts undertaken by the state government in advocating its case effectively, Sukhu said, “Renowned lawyer Mukul Rohatgi was engaged to ensure comprehensive representation and safeguard state’s interests in the legal battle. “The outcome of this verdict reflects the government’s steadfast dedication to protect the interests of Himachal Pradesh.” The Oberoi Group had held possession of the prestigious property for last many years, and now the Supreme Court has ordered them to vacate it within a year. The government will deliberate on the future course of action regarding the property, once it gets the possession, emphasizing a decision that aligns with the best interests of Himachal, said the Chief Minister. Last month, the Himachal Pradesh High Court asked the Oberoi Group to surrender possession of the five-star hotel to the Himachal Pradesh Tourism Development Corporation (HPTDC) within two months. The government, a stakeholder in the hotel, has suspected financial wrongdoing in the management of the heritage hotel that has been running into losses since March 2001. Wildflower Hall, sought-after by high-end tourists and celebrities, is a joint venture of Mashobra Resorts, the Oberoi Group company that runs the hotel, and the state government. It has long been under litigation between the two partners. Disposing of the government’s petition, the High Court on January 6 directed the East India Hotels (EIH) Ltd to vacate and ensure peaceful handover of the entire property of Wildflower Hall within two months. “It is held that the EIH Ltd has failed to comply with the terms of award within the period of three months from the date it attained finality, i.e. October, 13, 2022,” it said, observing the Oberoi Group had failed to comply with the arbitration award within the stipulated time limit of three months. –IANS VG/

Disclaimer

The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.

Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.

For any legal details or query please visit original source link given with news or click on Go to Source.

Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.

If you are not willing to accept this disclaimer then we recommend reading news post in its original language.

RELATED ARTICLES
- Advertisment -

Most Popular