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DMRC review petition against Reliance Infra to be heard on March 29

The order said that if permission is given to DMRC it should deposit the entire amount payable along with interest within a month

DMRC
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Bhavini Mishra New Delhi
The DMRC filed a petition seeking a review of the order attaching funds of the metro operator to pay 2017 arbitral award dues to Reliance Infrastructure (RInfra) arm, Delhi Airport Metro Express (DAMEPL).

The Delhi High Court had on March 17 ordered the DMRC to pay the arbitral award dues with interest to DAMEPL, within a month.

In a 133-page judgment, the court had directed the Centre and the Delhi government to attend to DMRC’s request for an extension of sovereign guarantees or subordinate debt to help it pay its liabilities under the award. The Central and Delhi governments each

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First Published: Mar 23 2023 | 8:05 PM IST

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