Viceroy Hotels Limited has received an order from the Hon'ble Supreme Court of India with regard to a claim of the Telangana State Wakf Board over part of the land owned by the Company over which Hotel was operating. The Wakf Board on multiple occasions claimed to be the owner of the said Property i.e land admeasuring Ac.14,000 sq. yards that is Ac. 2-97 Gts. in Sy. No. 181 & 182 at Kavadiguda Village, Hyderabad but these claims were held against the Wakf Board by various forums including the Hon'ble High Court. The Company challenged the said claim before the Hon'ble High Court and the Hon'ble High Court vide order dated 25.04.2024 passed in Writ Petitions No. 8432 and 11730 of 2014 quashed the erroneous claim of Telangana State Wakf Board over the property of the Company.
The said order of the High Court after certain delay had been assailed by the Telangana State Wakf Board before the Hon'ble Supreme Court of India through Special Leave Petition, Diary Number 36130 of 2024. The Hon'ble Supreme Court vide order dated 03.03.2025 dismissed the Special Leave Petition filed by the Telangana State Wakf Board after observing that in view of subsequent developments and in view of the fact that the Company has bought the Property in Insolvency Proceedings, no interference is required with the impugned order of the Telangana High Court passed in Writ Petitions No. 8432 and 11730 of 2014.
The said order has been received by the Company only 07.03.2025 and it marks an end to litigation for the said property against the Telangana State Wakf Board and its claim over the Property of the Company which has been finally decided in favour of the Company. |