Businessman accuses them of demanding ransom from him, running establishment into losses.
While the hotel business can be risky, the COVID-19 pandemic has certainly made things worse for this sector. However, the imbroglio that has emerged at a city-based hotel takes all these factors and escalates them by several notches.
A case has been registered at Koregaon Park police station (PS) against six people of InterContinental Hotels Group India Private Limited (IHG) by Deepak Raheja of NEO Capricorn Plaza Pvt Ltd, for allegedly demanding a ransom of Rs 85 lakh. Those named as accused include IHG managing directors Sudip Jain and Pascal Garvin, area general manager Norton Pereira, Crowne Plaza Pune City Centre general manager Fino Babu, and other employees Venkatesh Gomatam and Anjeline Yap.
Making mediation not mandatory is problematic
On talking terms Mediation makes for expeditious dispute resolution Getty Images/iStockphoto - Getty Images/iStockphoto
On talking terms Mediation makes for expeditious dispute resolution Getty Images/iStockphoto - Getty Images/iStockphoto×
A recent judgement has ruled that provisions for pre-institution mediation before the filing of a suit involving commercial disputes are not mandatory. This judgement sets back a laudable policy initiative for use of mediation to settle commercial disputes.
The Commercial Courts Act, 2015, which identified ‘commercial disputes’ as a class of disputes, established commercial courts and commercial divisions within the civil courts system to adjudicate these disputes. It compressed the procedures in the Civil Procedure Code, 1908, to expedite adjudication of such disputes. In 2018, this law was amended, a Section 12A was added, which required parties filing a suit under this law to fi