Oberoi Group: The order paved the way for the hotel s possession by the HPTDC by rejecting the review petition filed by EIH group against the court order passed on November 17, 2023.
HC orders East India Hotel to handover Wildflower Hall to HP Tourism Corp aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.
Ahead of the courts order, the Himachal Pradesh government had argued that since EIH had failed to comply with the direction of the arbitral award of July 23, 2005, the state government had decided to resume the ‘Wild Flower Hall property and take its possession in terms of the award. In 1995, the Oberoi Group converted the property spread over 77,000 square meters into a five-star hotel after signing an agreement with the Himachal Pradesh government through a joint venture called Mashobra Resort Ltd (MRL).
Get latest articles and stories on India at LatestLY. The Himachal Pradesh High Court has ordered East India Hotel Ltd (EIH Ltd), the Oberoi Group's flagship company, to hand over possession of Wildflower Hall luxury hotel in Shimla to the Himachal Pradesh Tourism Development Corporation. India News | HC Orders East India Hotel to Handover Wildflower Hall to HP Tourism Corp.
Ahead of the court s order, the Himachal Pradesh government had argued that since EIH had failed to comply with the direction of the arbitral award of July 23, 2005, the state government had decided to resume the Wild Flower Hall property and take its possession in terms of the award.