Nainital finds mention in various ancient myths and legends. Naini Lake holds a lot of significance especially among the Hindus as it is believed to be one of the 64 Shakti Peeths, where some parts of the burned body of Sati (Parvati) fell here while being carried by Lord Shiva.Nainital was founded by a European businessman, P. Barron who was in awe with the beauty of the Naini Lake. In no time it developed as a summer retreat for the Englishmen and a second Municipal Board of the Northwestern Provinces.