Pay outstanding amount to DAMEPL or will summon your MD: HC to Delhi Metro
The Delhi High Court has directed the Delhi Metro Rail Corporation (DMRC) to pay the money it owes to Reliance Infrastructure-promoted Delhi Airport Metro Express Pvt Ltd (DAMEPL) in four weeks in compliance with the 2017 arbitral award, which pertains to the Delhi Airport Metro Express Line.
“It is made clear that if the amount is not paid within four weeks, the Court shall be constrained to call the appearance of the Managing Director of the DMRC before this Court,” said Justice V. Kameswar Rao in an order.
In 2008, DMRC signed a contract with DAMEPL, related to the design, installation, commissioning, operation and maintenance of the line.
