ITC moves NCLT seeking to cancel Hotel Leelaventure sale;hearing on June 18 https://www.livemint.com/companies/news/itc-moves-nclt-seeking-to-cancel-hotel-leelaventure-sale-hearing-on-june-18-1556100082733.html
Hotel Leela Goa sold to UK's Bagri https://www.hotelmanagement.net/transactions/hotel-leela-goa-sold-to-uk-s-bagri Hotel Leelaventure agrees to sell Goa hotel to Malaysian firm for Rs725 cr https://www.livemint.com/Companies/hFvahyYWbId4H2bqJz3rAO/Hotel-Leelaventure-agrees-to-sell-Goa-hotel-to-Malaysian-fir.html The Leela Palaces, Hotels and Resorts https://en.wikipedia.org/wiki/The_Leela_Palaces,_Hotels_and_Resorts C. P. Krishnan Nair [Nair is a relative of V.P. Menon <https://en.wikipedia.org/wiki/V.P._Menon>, an Indian civil servant <https://en.wikipedia.org/wiki/Civil_servant> who was the Constitutional Adviser and Political Reforms Commissioner to the last three Viceroys during British rule in India.] https://en.wikipedia.org/wiki/C._P._Krishnan_Nair V. P. Menon https://en.wikipedia.org/wiki/V._P._Menon "*His second major property emerged out of a snub. *He felt he had been mistreated by the Taj during his stay at the Fort Aguada resort in Goa and vowed to build a property to rival the Aguada. That’s how his Goa hotel came up. I am not sure how right he was about the Taj. He had something of an obsession with Ajit Kerkar and believed that Kerkar had tried to scuttle the opening of the Bombay Leela. He overcame his hostility to the Taj only when RK Krishna Kumar, a fellow Malayali and a pal, took over from Kerkar." “You only worry about paying back your debts if you have no money in the bank,” he said. “I have told Vivek and Dinesh (his sons) not to worry too much. Just be patient. The economy will pick up in a year or so. Then, we will sell two, three hotels and the debt will be reduced to normal levels.” http://virsanghvi.com/Article-Details.aspx?key=1062
