Setback to Anil Ambani as SC sets aside Rs 8,000 cr arbitral award favouring Rel Infra armThe Supreme Court overturned the arbitral award which was in favor of Anil Ambani's Reliance Infrastructure's metro arm, Delhi Airport Metr...
Seeking cost of trains, not damages, from DMRC: Reliance Infrastructure firm to SCThe Delhi Airport Metro Express Private Limited (DAMEPL), a Reliance Infrastructure firm, informed the Supreme Court that it seeks only the...
DMRC-Reliance Infra Co row: SC Judge Narasimha recuses himself from hearing pleaJustice PS Narasimha recused himself from hearing a plea by Reliance Infrastructure's Delhi Airport Metro Express Private Limited that chal...
Reliance Infrastructure-DMRC Arbitration: Supreme Court directs HC to ensure award execution in 3 monthsWhile directing the HC to take the case to its "logical end" within three months, a top court bench led by Justice GR Gavai observed that t...
Clearing airport metro dues will hit ops, DMRC tells HCOn September 6, the high court had ordered DMRC to pay DAMEPL's dues within four weeks. DAMEPL is seeking total payment of ₹6.872.28 crore,...
DMRC seeks Rs 3,500 crore from govt to comply with court directions in DAMEPL caseIn a letter dated September 6, 2022, Vikas Kumar, Managing Director, DMRC wrote to the Secretary, Ministry of Housing and Urban Affairs sta...
Reliance Infra's DAMEPL requests HC to direct DMRC to deposit Rs 6,208 cr into escrow account without delayReliance Infrastructure had infused Rs 2513 crores to DAMEPL by taking loans from public sector banks, and the banks have initiated proceed...
HC pulls up Reliance Infra's DAMEPL for playing hide & seek, not coming with 'clean hands' in proceedings against DMRCSenior advocate Parag Tripathi, representing DMRC, submitted that it was ready to take over the liabilities of Reliance Infrastructure subs...
Will deposit Rs 1,000 crore in escrow, ready to take over DAMEPL's debt: DMRC to HCSolicitor General Tushar Mehta, representing DMRC, stated that since the corporation was facing a “financial crunch”, undertaking a “sudden...
Delhi High Court to hear Reliance Infrastructure's execution petition on MondayOver three months have passed since the pronouncement of the order by SC in favour of DAMEPL, DMRC is yet to make the payment to the compan...
Supreme Court upholds arbitral award in favour of Anil Ambani group firm DAMEPLThe arbitral tribunal in its May 2017 award had accepted airport metro operator's claim that the running of operations on the line was not ...
HC directs DMRC to pay Rs 306 crore to Reliance Infra arm to save it from turning into NPAEarlier this month, the court had directed DMRC to pay an arbitration award of Rs 2,950 crore to Reliance Infra as compensation for violati...
High Court directs DMRC to pay over Rs 3,500 crore to Reliance Infrastructure's subsidiaryJustice Sanjeev Sachdeva dismissed the DMRC's plea against the Arbitral Tribunal's May 2017 order asking it to make payments to RInfra's su...
DMRC to challenge tribunal order on airport line in Delhi HCThe Delhi Airport Metro Express Private Limited (DAMEPL), the subsidiary, had terminated its contract in 2013 after initially running opera...
RInfra wins Rs 2,950 crore arbitration award against DMRCThe award to RInfra has been granted on the basis of termination provisions of the concession agreement where the arbitration tribunal has ...
Attorney General tells government to pay Reliance Infrastructure dues for IGI Metro lineThe attorney general (AG) has advised the government to release it “immediately“ to avoid paying high interest in the future.
IGI metro row: Model code may delay Reliance-Infra dues, ministry wants GoM to act fast to clear itSources said though the GoM was scheduled to meet on Wednesday, it was deferred at the last minute as the Election Commission announced the...