Lawstreet Journal

Rajasthan HC Grants Interim Protection from Arrest to Former Union Minister Arun Shourie in Udaipur Hotel Case.

Lawstreet Journal 25 Sep 2020 10:43pm

Image courtesy: Lawstreet Journal Judiciary Rajasthan HC Grants Interim Protection from Arrest to Former Union Minister Arun Shourie in Udaipur Hotel Case.

Hotel Laxmi Vilas Palace sited in Udaipur district was under the possession of the Indian Tourism Development Corporation (ITDC) but was later on divested fraudulently by the NDA government in 2004. The property was valued Rs. 151 crores were divested for a mere Rs. 7.52 crore to Bharat Hotels Limited by the NDA Government in a fraudulent manner. 

The court had ordered that the property should be reverted back to the Union Government and should come under the ITDC again. The district administration of Udaipur has appointed a receiver and inform the government about the latest development. The Udaipur district administration has taken over the control of the Hotel Laxmi Vilas Palace and also started procedures for taking over the charge of the property.

During Late Atal Vihari Bajpayee’s led NDA regime, several hotels were sold to the private buyers under the possession of ITDC. With the Inter-Ministerial Panel, it was considered that several hotels were not valued properly and were sold fraudulently which caused a huge amount of monetary loss to the government during that time. This laid to a question mark on the duties and responsibilities upon Arun Shourie who was in charge of the disinvestment ministry back then. 

CBI has registered an FIR against the divestment Secretary Pradip Bijal who was in-charge back then and several others on the ground of causing huge monetary loss to the government by involving in the selling process of many properties which were disinvested in a fraudulent manner. In its FIR the CBI stated… Continue Reading...

Tagged: Rajasthan High Court  
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