The Delhi High Court will on Monday hear a plea by Delhi Airport Metro Express Private Limited (DAMEPL) seeking execution of an arbitral award of over ` 4,600 crore against Delhi Metro Rail Corporation (DMRC).
The matter will be heard by Justice Suresh Kumar Kait who had issued notice on the Reliance Infrastructure subsidiary’s execution plea in September.
Recently, the Supreme Court had dismissed the DMRC’s plea seeking a review of its judgement which upheld the 2017 arbitration award in favour of DAMEPL, enforceable against it.
The apex court on September 9 had upheld the arbitration award enforceable against DMRC and said there was a disturbing tendency of courts setting aside arbitral awards.
