Regulatory - Page 3

NEW DELHI: NCLT has directed for the liquidation of debt-ridden Tulip Hotels, as the tribunal failed to receive any bidder during its insolvency resolution process within the prescribed timeline. On May 16,

Representative image NEW DELHI: The Enforcement Directorate has attached two hotels, valued at about Rs 15 crore, in the tourist town of Patnitop in Jammu and Kashmir as part of a money

NEW DELHI: Brigade Hotel Ventures, a wholly-owned subsidiary of Brigade Enterprises (BEL), has received the securities and exchange board of India (SEBI) approval for its proposed initial public offering (IPO). The company’s

Representative Image NOIDA: Yamuna Expressway Industrial Development Authority (YEIDA) has auctioned plots for four hotels near Noida International Airport, securing bids significantly above the reserve price. The plots, ranging from 3,400-4,000 sqm

NEW DELHI: Chalet Hotels Ltd on Monday said it will acquire Mahananda Spa and Resorts Pvt Ltd, which owns the Westin Resort and Spa, Himalayas (TWRS) in Rishikesh, at an enterprise value

Representative Image HYDERABAD: Officials of the Greater Hyderabad Municipal Corporation (GHMC) on Wednesday sealed the gates of the Taj Banjara Hotel on Road No. 1 in Banjara Hills for unpaid property tax

representative image Radisson Hotel Group announced the signing of Radisson Collection Resort & Spa, Jaipur. This signing marks the Group’s fourth property in the city and the third Radisson Collection hotel in

representative image Ludhiana: Continuing its crackdown on illegal constructions, the Ludhiana Municipal Corporation sealed non-compoundable portions of six hotels in the city Thursday. Among these are Hotel Friends Regency, Hotel Nagpal Regency,

NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) on Tuesday set aside insolvency proceedings against Asian Hotels (West), which operates Hyatt Regency, Mumbai. The appellate insolvency tribunal has also accepted the

SHIMLA: In a major setback to East India Hotels (EIH) of Oberoi group, the Himachal Pradesh High Court on Friday ordered it to handover the possession of Hotel Wildflower Hall to Himachal