• Tuesday, November 29, 2022

Business

Taj Mansingh to finally go under hammer, Le Meridien licence cancelled

By: Eastern Eye Staff

Two years after the Centre cleared the decks for its auction, Taj Mansingh Hotel will finally go under the hammer, the NDMC on Thursday decided, as it also cancelled Le Meridien Hotel’s licence over dues of Rs 523 crore (£62.8 million). The two decisions were pending since long as the New Delhi Municipal Council (NDMC) was entangled in legal battles with the two hotel owners. Chief Minister Arvind Kejriwal, a member of NDMC Council, made the announcement following a special meeting of its top decision-making body. “Important decisions today’s NDMC meeting- open auction of Taj Mansingh, cancel Le Meridian Hotel…

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