Bombay High Court quashes sale of Park Hyatt in Goa to ITC

ECONOMIC TIMES, MUMBAI | 08 April 2016 10:58 IST

The Bombay High Court has quashed the sale of luxury property Park Hyatt in Goa to ITC by lender Industrial Financial Corporation of India.

Earlier, Kolkata-based tobacco to hotel conglomerate emerged as the highest bidder of the property in February last year with an offer of Rs 515 crore. 

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