Apr 01, 2025 03:40 PM IST
Himachal Pradesh excessive courtroom knowledgeable about settlement between Oberoi Group and Himachal Pradesh authorities to keep away from income loss till five-star lodge is leased out.
The Oberoi Group will handle Wildflower Corridor lodge for 3 extra months below a brand new settlement with the Himachal Pradesh authorities, because the deadline for returning the posh lodge expired on March 31.
An settlement has been reached between the Oberoi Group and the Himachal Pradesh authorities, below which the Oberoi Group will handle the Wildflower Corridor five-star lodge for 3 extra months. (HT file picture)
The 2-decade-long authorized battle between East India Resorts and the state authorities over Wildflower Corridor, a five-star property, had ended with the Supreme Courtroom upholding the order of the Himachal Pradesh excessive courtroom and directing EIH to vacate and hand over the possession of the lodge to the state authorities by March 2025.
Nonetheless, an settlement has been reached between the Oberoi Group and the Himachal Pradesh authorities, below which the Oberoi Group will handle the lodge for 3 extra months.
A guide to draft the bidding paperwork for leasing the property has been appointed, officers stated on Tuesday.
The courtroom has been knowledgeable concerning the settlement as per which the Oberoi Group would function the lodge for the following three months. Extension has been given to keep away from income losses till the property is leased out, a supply stated.
A single bench of the excessive courtroom consisting of Satyen Vaidya had handed orders on November 17, 2023, allowing the federal government to take over the property and the state authorities instantly took management of the lodge.
Nonetheless, the excessive courtroom later stayed its order after EIH filed an attraction and directed the federal government to not intervene within the day-to-day perform of the lodge.
The EIH filed a evaluate petition in opposition to the order that was rejected by the excessive courtroom on January 5, 2024, with instructions to vacate the property inside two months.
The Supreme Courtroom in February 2024 upheld the judgment of the excessive courtroom and requested the EIH to give up the possession to the federal government inside a yr by March 2025.
