In a major blow to the Tata Group, the Apex Court has upheld the New Delhi Municipal Corporation (NDMC) to e-auction the Taj Mansingh Hotel, thereby rejecting the company's plea to renew the lease of the hotel.
A Bench of Justices Pinaki Chandra Ghose and Rohinton Nariman have given the green signal to auction the property owned by a unit of the Tata Group.
The Indian Hotel Company Limited (IHCL) had approached the Apex Court after a
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