The Delhi Airport Metro Express Pvt Ltd (DAMEPL) has filed a fresh application requesting Delhi High Court to direct Delhi Metro Rail Corporation Limited (DMRC) to deposit Rs 6,208 crores available in its various bank accounts into the project escrow account without any delay.
DAMEPL, in its fresh application, has rejected any out of court negotiations/settlement or assignment of debt to the DMRC. DAMEPL plea states, “The Decree Holder is not agreeable to settling the matter out of the Court. Accordingly, no alternate proposal by DMRC is acceptable to Decree Holder and that it presses for the execution on merits at the earliest.”
