Big win for Reliance Infra as SC upholds arbitral award against DMRC
India Today
The Supreme Court has upheld an arbitral award in favour of Reliance Infra and directed DMRC to pay Rs 2,800 crore plus interest.
The Supreme Court has dismissed a plea by the Delhi Metro Rail Corporation (DMRC) and upheld an arbitral award in favour of debt-laden Reliance Infrastructure in connection with the Delhi Airport Express Metro case. The court has directed DMRC to pay damages to the tune of Rs 2,800 crore plus interest. The amount including interest is believed to be Rs 4,800 crore.More Related News