SC upholds Delhi HC order directing DMRC to pay Rs 4,600 cr arbitral award to DAMEPL

The Supreme Court on Thursday upheld a Delhi High Court order directing the Delhi Metro Rail Corporation (DMRC) to pay over Rs 4,600 crore of arbitral award along with interest to the Delhi Airport Metro Express Private Limited (DAMEPL) in two equal installments in two months. The order was passed by a bench of Justices L Nageswara Rao and B R Gavai.

The high court on March 10 had directed the DMRC to pay over Rs 4,600 crore of arbitral award along with interest to DAMEPL.

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