The Delhi Metro Rail Corporation (DMRC) on Monday told the Delhi high court that it has ₹6,208.03 crore in its various bank accounts, a day after Delhi Airport Metro Express Private Limited (DAMEPL) filed an application in the court seeking contempt action against the former for not disclosing its complete bank account details.
DAMEPL, a subsidiary of the Reliance Infrastructure, filed an application in the high court on January 7 that DMRC is deliberately trying to delay the execution of over ₹4,600 crore arbitral award against it by not disclosing its bank account details.
DAMEPL said that DMRC is trying to defeat the arbitration process by making a limited disclosure of account details despite the court’s order directing it to disclose all its bank account details.
