Delhi HC Stays Rs.111 Cr Demand on ITC Maurya
Real Estate

Delhi HC Stays Rs.111 Cr Demand on ITC Maurya

The Delhi High Court has put a temporary stay on a ?111 crore demand issued to ITC Maurya, a luxury hotel located in the national capital, regarding a land lease matter. The court's decision came after ITC challenged the New Delhi Municipal Council's (NDMC) claim, which was related to unpaid dues for the premium hotel property.

Case Background: The dispute stems from a demand made by NDMC for the sum of ?111 crore, which it claims is owed by ITC Maurya in connection with the land where the hotel is situated. The council had raised concerns over a discrepancy in the lease payments due to revised calculations.

ITC Maurya?s Position: ITC Maurya, part of the larger ITC Hotels group, sought legal recourse by appealing to the Delhi High Court. The hotel?s management argued that the amount demanded by NDMC was unjustified and presented their case, pointing out potential issues with the valuation or calculation of dues.

Court?s Intervention: The Delhi High Court has currently stayed the payment, providing temporary relief to ITC Maurya. The stay prevents NDMC from enforcing its demand until further hearings. The court has asked NDMC to provide a detailed explanation regarding the basis for its claim and set a future date for additional hearings.

Legal Implications: The case is critical as it involves significant financial implications for both ITC and the municipal body. If upheld, such a demand could set a precedent for how property tax disputes are handled, especially with luxury establishments that operate under long-term leases with municipal bodies.

Impact on the Hospitality Sector: For ITC and other luxury hotels, this case highlights the increasing scrutiny on property taxes and land-related financial obligations. Many large hotels across India operate on leased government or municipal land, and similar disputes could arise in the future.

Next Steps: The court?s interim stay gives ITC Maurya time to prepare its defense, while the NDMC will need to justify its ?111 crore demand. Further hearings will determine whether the stay will be made permanent or if ITC will have to comply with the financial claim.

This case is an important legal battle, as the final decision could influence property taxation policies, especially concerning high-value commercial establishments in major cities.

The Delhi High Court has put a temporary stay on a ?111 crore demand issued to ITC Maurya, a luxury hotel located in the national capital, regarding a land lease matter. The court's decision came after ITC challenged the New Delhi Municipal Council's (NDMC) claim, which was related to unpaid dues for the premium hotel property. Case Background: The dispute stems from a demand made by NDMC for the sum of ?111 crore, which it claims is owed by ITC Maurya in connection with the land where the hotel is situated. The council had raised concerns over a discrepancy in the lease payments due to revised calculations. ITC Maurya?s Position: ITC Maurya, part of the larger ITC Hotels group, sought legal recourse by appealing to the Delhi High Court. The hotel?s management argued that the amount demanded by NDMC was unjustified and presented their case, pointing out potential issues with the valuation or calculation of dues. Court?s Intervention: The Delhi High Court has currently stayed the payment, providing temporary relief to ITC Maurya. The stay prevents NDMC from enforcing its demand until further hearings. The court has asked NDMC to provide a detailed explanation regarding the basis for its claim and set a future date for additional hearings. Legal Implications: The case is critical as it involves significant financial implications for both ITC and the municipal body. If upheld, such a demand could set a precedent for how property tax disputes are handled, especially with luxury establishments that operate under long-term leases with municipal bodies. Impact on the Hospitality Sector: For ITC and other luxury hotels, this case highlights the increasing scrutiny on property taxes and land-related financial obligations. Many large hotels across India operate on leased government or municipal land, and similar disputes could arise in the future. Next Steps: The court?s interim stay gives ITC Maurya time to prepare its defense, while the NDMC will need to justify its ?111 crore demand. Further hearings will determine whether the stay will be made permanent or if ITC will have to comply with the financial claim. This case is an important legal battle, as the final decision could influence property taxation policies, especially concerning high-value commercial establishments in major cities.

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement