Yeti Group ordered to halt construction of building at Durbarmarg « Khabarhub
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Yeti Group ordered to halt construction of building at Durbarmarg

10 January 2020  

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KATHMANDU: Patan High Court on Friday ordered Yeti Group to halt the ongoing construction of a commercial complex at Durbarmarg.

A single bench of Judge Nahakul Subedi made the order saying that the agreement between Nepal Trust and Yeti Group on the construction of the building was flawed.

The court was responding to a writ filed by Advocate Pariwartan Rai on Wednesday.

The Office of Prime Minister and Council of Ministers, various ministries, Nepal Trust and Thamserku Developers, a sister organization of Yeti Group, have been named defendants in the case. The High Court has summoned both plaintiffs and defendants for a discussion on Wednesday.

The petitioner has argued that the state incurred a loss of Rs five billion while Nepal Trust leased the land to the developers for 30 years on a monthly rent of Rs 416,600.

Publish Date : 10 January 2020 16:11 PM

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