HC asks DMRC to provide bank a/c, FD details in execution plea by DAMEPL

The Delhi High Court on Monday directed Delhi Metro Rail Corporation (DMRC) to give details of funds in its bank account and fixed deposits as of date in connection with a Reliance Infrastructure subsidiary’s plea for the execution of an arbitral award of over Rs 4,600 crore against it.

Justice Suresh Kumar Kait, who was hearing the execution petition by Delhi Airport Metro Express Private Limited (DAMEPL), also directed the corporation to share its balance sheet concerning the year 2021 as well.

The court also asked the parties to file their written submissions and listed the matter for further hearing on February 17.

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