Lemon Tree Subsidiary's Appeal Allowed by Delhi High Court
Lemon Tree Hotels' subsidiary, Hyacinth Hotels Private Limited, had its appeal allowed by the Delhi High Court. The appeal was related to a property tax assessment by MCD. Hyacinth had opted for the SUNYO Scheme and subsequently sought withdrawal of the appeal, which has now been permitted by the court.
The matter concerns the withdrawal of an appeal after the subsidiary opted for a settlement scheme, indicating a resolution of a tax-related issue without significant financial implications.
The court has permitted the withdrawal of an appeal, which is a procedural outcome and does not indicate a significant positive or negative financial impact on the company.
Lemon Tree Hotels Limited has announced that its subsidiary, Hyacinth Hotels Private Limited, has received an order from the Hon’ble High Court of Delhi. This order pertains to an appeal filed by Hyacinth concerning a property tax assessment order from the Municipal Corporation of Delhi (MCD).
Previously, Hyacinth had opted for the SUNYO Scheme introduced by the MCD and deposited the required property tax amount. Following this, Hyacinth requested the withdrawal of its pending appeal before the Hon’ble High Court of Delhi. The Court has now permitted the withdrawal of this appeal.
This disclosure is in continuation of the company's previous intimation on September 17, 2025, regarding legal proceedings involving Hyacinth Hotels Private Limited.
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Lemon Tree Hotels Limited filed this with the NSE as a statutory disclosure, categorised under litigation updates. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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