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23. It is seen that the Development Agreement between the DIAL and Silver Resort was terminated due to breach of the terms of the Agreement by Silver Resort, as is evident from the termination notice dated 16.07.2015 sent by DIAL to the Silver Resort. The said termination notice is reproduced:

"Silver Resort Hotel India Private Limited, 263C, Arossim Beach, Cansaulim, Goa-407712 Also at Silver Resort Hotel India Private Limited, 415-417. Antriksh Bhawan, 22 K.G. Marg, New Delhi-110001 Kind Attention: Mr. Sushil Suri Subject: Termination Notice, issued under Article 13.3 of the Development Agreement and under Article 6.12 of the Infrastructure Development and Services Agreement, both dated February 26, 2010, executed between Delhi International Airport (P) Limited and Silver Resort Hotel India Private Limited.
Dear Sir,
1. This is with reference to the Development Agreement (the "Development Agreement/DA") and the Infrastructure Development and Services Agreement (the ST/52629/2016 & 3 others "Infrastructure Development and Services Agreement/ IDSA") (together referred to as the "Project Agreements") both dated February 26, 2010, executed between Delhi Imernational Airport (P) Limited and Silver Resort Hotel India Private Limited ("Developer")