The Union Ministry of Housing and Urban Affairs (MoHUA) has proposed to amend section 89 of the Metro Railways (O&M) Act, 2002 to eliminate the possibility of any metro railway asset – including funds — from being seized by court orders, days before a deadline for operator to clear ₹4,700 crore dues which, if it fails to, could lead to its assets being attached, according to a court warning.
In an office memorandum passed by the ministry of housing and urban affairs dated March 17, a copy of which HT has seen, the central government has stated that attaching DMRC’s assets in the matter would entail closure of the DMRC, bringing the city to a halt and impacting lakhs of people across NCR.
