April 25, 2024

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HC to hear RInfra plea on Monday against DMRC to enforce SC order

The Delhi Substantial Court docket will on Monday hear a petition by Reliance Infrastructure from Delhi Metro Rail Corporation (DMRC) to implement a Supreme Court docket purchase for payment of Rs. 7,a hundred crore arbitration award to Anil Ambani firm.

The Supreme Court docket has dismissed the critique petition filed by point out-owned DMRC from its purchase upholding an arbitral award in favour of Reliance Infrastructure’s arm, Delhi Airport Metro Categorical Pvt Ltd. DAMEPL beforehand operated the Delhi Airport Metro line.

Because the SC purchase was shipped on September 9, 2021, the fascination legal responsibility of DMRC has previously long gone up by close to Rs two hundred crore. The Supreme Court docket bench headed by Justice L Nageswara Rao had quashed the Delhi Substantial Court docket purchase that had established apart the arbitration award in favour of DAMEPL, which had pulled out from running the Airport Categorical metro line about safety challenges.

The arbitral tribunal in its May possibly 2017 award had recognized the DAMEPL’s assert that the running of operations on the line was not practical because of to explanations this kind of as structural problems.

In 2008, DAMEPL had entered into a contract with DMRC for running the airport metro line until 2038. When disputes arose in between them, DAMEPL stopped working the airport line and invoked an arbitration clause from DMRC. It alleged violation of contract and sought a termination costs.

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