Hotel Shambala Supreme Court Loan Dispute Mediation Order

Supreme Court orders mediation in Hotel Shambala's dispute with West Bengal Finance Corporation over Rs 40 lakh loan from 1995.
Corporation demands Rs 87 crore while petitioner claims Rs 1.5 crore already repaid; property auctioned for Rs 2.68 crore but petitioner remains in possession.
Court questions Corporation's Rs 87 crore demand calculation and appoints former Chief Justice as mediator.
Auction purchaser directed to join mediation proceedings to resolve the long-standing financial dispute.