Govt plans Legal Experts’Committee to resolve Emaar dispute

The Dubai-based Emaar Properties’ representatives met Chief Minister Revanth Reddy and Industries Minister Sridhar Babu at the secretariat on Thursday to discuss pending projects and legal disputes about the company’s investments in Hyderabad.
The Chief Minister ordered the formation of a Legal Experts’ Committee, in addition to the committee constituted in 2015, to examine the matter in detail and speed up resolution.
Emaar’s Founder and Managing Director Mohammed Alabbar, former UAE Ambassador to India Ahmed Al Banna, Emaar Group CEO Amit Jain, and the company’s International Affairs Head Mustafa Akram participated in the discussions. Several senior government officials including Chief Secretary Santhi Kumari, Advocate General Sudarshan Reddy, Special Chief Secretary of Industries Jayesh Ranjan, Special Chief Secretary of Finance Ramakrishna Rao, CMO Secretary Seshadri, Special Secretary to the CM, Ajith Reddy, TGIIC MD Vishnuvardhan Reddy and Law Secretary Tirupati were also present.
Emaar Properties signed agreements with the then United Andhra Pradesh government in 2001 to build a convention centre, hotel, golf course and residential villas in Hyderabad.
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