{"id":461312,"date":"2022-01-11T11:16:18","date_gmt":"2022-01-11T05:46:18","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=461312"},"modified":"2022-01-11T11:58:41","modified_gmt":"2022-01-11T06:28:41","slug":"arbitral-award-in-hc-dmrc-submits-its-financial-position","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/arbitral-award-in-hc-dmrc-submits-its-financial-position\/","title":{"rendered":"Arbitral award: In HC, DMRC submits its financial position"},"content":{"rendered":"<p>The Delhi Metro Rail Corporation (DMRC) Monday informed the Delhi High Court that it has only a total of Rs 6,208.03 crore in its bank accounts, which includes its earnings worth Rs 1,014.69 crore.<\/p>\n<p>According to the Anil Ambani-led Reliance Infrastructure-promoted Delhi Airport Metro Express Pvt Ltd (DAMEPL), the DMRC has to pay at least Rs 6,268 crore to comply with the 2017 arbitral award.<\/p>\n<p>The arbitral award, which pertains to the Delhi Airport Metro Express Line, was upheld by the Supreme Court in September 2021. Section 89 of The Metro Railways Act, 2002, states that only earnings of the metro railway administration can be attached by a court in the execution of a decree or order.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Delhi Metro Rail Corporation (DMRC) Monday informed the Delhi High Court that it has only a total of Rs 6,208.03 crore in its bank accounts, which includes its earnings worth Rs 1,014.69 crore. According to the Anil Ambani-led Reliance Infrastructure-promoted Delhi Airport Metro Express Pvt Ltd (DAMEPL), the DMRC has to pay at least Rs 6,268 crore to comply with the 2017 arbitral award. The arbitral award, which pertains to the Delhi Airport Metro Express Line, was upheld by the Supreme Court in September 2021. Section 89 of The Metro Railways Act, 2002, states that only earnings of 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":[130],"tags":[],"class_list":["post-461312","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/461312","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=461312"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/461312\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=461312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=461312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=461312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}