local

Civil Court

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 26

HPA urges precautions as communicable diseases surge

20251 Year Ago

local

HPA urges precautions as communicable diseases surge

Drugs found inside luggage illegally transported to domestic from int’l terminal

20242 Years Ago

local

Drugs found inside luggage illegally transported to domestic from int’l terminal

First Couple commences tour of Faafu Atoll

20233 Years Ago

local

First Couple commences tour of Faafu Atoll

MSS to commence direct cargo service between Singapore-Maldives and Malaysia-Maldives

20224 Years Ago

business

MSS to commence direct cargo service between Singapore-Maldives and Malaysia-Maldives

Total rent and maintenance fees for Hiyaa Flats set at MVR 8,500

20215 Years Ago

local

Total rent and maintenance fees for Hiyaa Flats set at MVR 8,500

Finolhu Maldives sold to German company for USD 90m

20197 Years Ago

local

Finolhu Maldives sold to German company for USD 90m

$Construction of road linking Male\' City to bridge has begun: Housing Minister$

20188 Years 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

HPA urges precautions as communicable diseases surge

Drugs found inside luggage illegally transported to domestic from int’l terminal

First Couple commences tour of Faafu Atoll

MSS to commence direct cargo service between Singapore-Maldives and Malaysia-Maldives

Total rent and maintenance fees for Hiyaa Flats set at MVR 8,500

Finolhu Maldives sold to German company for USD 90m

Construction of road linking Male\' City to bridge has begun: Housing Minister

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

HPA urges precautions as communicable diseases surge

Drugs found inside luggage illegally transported to domestic from int’l terminal

First Couple commences tour of Faafu Atoll

MSS to commence direct cargo service between Singapore-Maldives and Malaysia-Maldives

Total rent and maintenance fees for Hiyaa Flats set at MVR 8,500

Finolhu Maldives sold to German company for USD 90m

Construction of road linking Male\' City to bridge has begun: Housing Minister