Home » IHCL

Tag: IHCL

Post
MbPT locked in legal battle with IHCL
February 7, 2013February 7, 2013by In Ports & Shipping

MbPT locked in legal battle with IHCL

Mumbai Port Trust (MbPT) and Indian Hotels Company (IHCL) are locked in a legal battle over paying of rent by the latter for the land IHCL occupies in Mumbai. According to media reports, MbPT demands a 'fair rent' from IHCL on the basis of six per cent yearly rent on the market value of the land as per the Ready Reckoner Rate