Civil Court orders Medhufushi to pay USD 2.6 million in rent dispute

The Civil Court ordered Medhufushi Investments to pay USD 2.6 million

Shan Anees, Raajje.mv | 13 ޑިސެމްބަރު 2017 | ބުދަ 10:59

Medhufushi Island Resort

The Civil Court has ordered Medhufushi Investments to pay USD 2.6 million as outstanding rent payment in a case put forth by state’s revenue authority.

The case involves a reported breach of lease agreement made by Medhufushi Investments, which operates the Medhufushi island resort, to rent out the island.

The sum includes fines imposed by the Maldives Inland Revenue Authority, and the company has been asked to make the payment in full within a period of three months.

MIRA had filed to acquire USD 3.6 million from the company, but the figure was reduced at the authority’s behest.

Comments

On This Day

May 30

Resorts remain top pick for 71.4 percent of travelers

20251 Year Ago

local

Civil Court orders Medhufushi to pay USD 2.6 million in rent dispute

Comments

Court issues preliminary injunction halting Kaadehdhoo Airport agreement cancellation

Court to take witness statements in Fiyaz's case on Thursday

Foreign bodies have no jurisdiction over Court rulings: President

High Court rejects MDP case against EC

Court to analyze video evidence against Wisam on Tuesday

On This Day

Resorts remain top pick for 71.4 percent of travelers

Ooredoo crowned ‘Small Markets Telco’ at prestigious Twimbit Awards

BML appoints new board directors and Chairperson

WHO Representative applauds progress of Maldives' Covid-19 inoculation drive

Changes brought to deadline for ban on import of single-use plastics

Maldivian cancels flight to Fuvahmulah city over weather

Ministry collects MVR 1.2 million as zakat payments within first 15 days of Ramadan

Civil Court orders Medhufushi to pay USD 2.6 million in rent dispute

Comments

Court issues preliminary injunction halting Kaadehdhoo Airport agreement cancellation

Court to take witness statements in Fiyaz's case on Thursday

Foreign bodies have no jurisdiction over Court rulings: President

High Court rejects MDP case against EC

Court to analyze video evidence against Wisam on Tuesday

On This Day

Resorts remain top pick for 71.4 percent of travelers

Ooredoo crowned ‘Small Markets Telco’ at prestigious Twimbit Awards

BML appoints new board directors and Chairperson

WHO Representative applauds progress of Maldives' Covid-19 inoculation drive

Changes brought to deadline for ban on import of single-use plastics

Maldivian cancels flight to Fuvahmulah city over weather

Ministry collects MVR 1.2 million as zakat payments within first 15 days of Ramadan