Mumbai: Hotel Leela, the first luxury hotel to be built near the Mumbai airport is in dire straits as the government-owned Airports Authority of India (AAI) has initiated the procedure to evict the hotel and reclaim the land it stands on for non-payment of dues and flouting "other terms of agreements signed."
A spokesperson of Hotel Leela Venture said the company is taking legal steps to defend the AAI notice. The AAI had leased a 29,000 sq m plot to the hotel through different agreements.
"They had defaulted in payment and also for other violations in terms of the agreements executed between the AAI and M/s. Hotel Leela Venture Ltd," said AAI in a statement issued on Thursday. "After prolonged litigations, AAI board decided to terminate the contract and accordingly notices were issued for payment of dues and to hand over the possession of the property latest by October 31, 2016," it said.
10/02/17 Times of India
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A spokesperson of Hotel Leela Venture said the company is taking legal steps to defend the AAI notice. The AAI had leased a 29,000 sq m plot to the hotel through different agreements.
"They had defaulted in payment and also for other violations in terms of the agreements executed between the AAI and M/s. Hotel Leela Venture Ltd," said AAI in a statement issued on Thursday. "After prolonged litigations, AAI board decided to terminate the contract and accordingly notices were issued for payment of dues and to hand over the possession of the property latest by October 31, 2016," it said.
10/02/17 Times of India
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