SC Grants Major Relief to DMRC, Exempts from ₹8,000 Cr Payment
The Supreme Court has overturned its prior ruling that compelled the Delhi Metro Rail Corporation (DMRC) to pay an arbitration award of around 8,000 Cr to Reliance Infrastructure’s subsidiary, Delhi Airport Metro Express Private Limited (DAMEPL). In a significant ruling, the top court said there was a “grave miscarriage of justice” in the directive instructing … Read more