{"id":454041,"date":"2021-12-04T09:27:46","date_gmt":"2021-12-04T03:57:46","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=454041"},"modified":"2021-12-04T10:53:06","modified_gmt":"2021-12-04T05:23:06","slug":"hc-dismisses-dmrcs-plea-for-refund-of-rs-678-crore-paid-to-damepl","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hc-dismisses-dmrcs-plea-for-refund-of-rs-678-crore-paid-to-damepl\/","title":{"rendered":"HC dismisses DMRC&#8217;s plea for refund of Rs 678 crore paid to DAMEPL"},"content":{"rendered":"<p>The Delhi High Court has dismissed an application by Delhi Metro Rail Corporation (DMRC) seeking a refund of Rs 678 crore which was paid by it to the lenders of Reliance Infrastructure subsidiary DAMEPL in 2018.<\/p>\n<p>The money was paid by DMRC to Delhi Airport Metro Express Private Limited (DAMEPL) pursuant to a single judge&#8217;s order which had upheld the around Rs 4,600 crore arbitral award in favour of DAMEPL. <\/p>\n<p>The high court said since the Supreme Court has already dismissed the review petition filed by DMRC challenging the arbitral award, this restitution application does not survive.<\/p>\n<p>Counsel for the appellant (DMRC) states that the Supreme Court has dismissed the Review Application preferred.in respect of the order dated September 9, 2021. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Delhi High Court has dismissed an application by Delhi Metro Rail Corporation (DMRC) seeking a refund of Rs 678 crore which was paid by it to the lenders of Reliance Infrastructure subsidiary DAMEPL in 2018. The money was paid by DMRC to Delhi Airport Metro Express Private Limited (DAMEPL) pursuant to a single judge&#8217;s order which had upheld the around Rs 4,600 crore arbitral award in favour of DAMEPL. The high court said since the Supreme Court has already dismissed the review petition filed by DMRC challenging the arbitral award, this restitution application does not survive. Counsel for the [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,256],"tags":[],"class_list":["post-454041","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-railways-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/454041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=454041"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/454041\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=454041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=454041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=454041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}