{"id":469951,"date":"2022-02-22T10:36:46","date_gmt":"2022-02-22T05:06:46","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=469951"},"modified":"2022-02-22T12:07:18","modified_gmt":"2022-02-22T06:37:18","slug":"will-deposit-rs-600-crore-for-now-in-reliance-infra-firms-account-delhi-metro-to-hc","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/will-deposit-rs-600-crore-for-now-in-reliance-infra-firms-account-delhi-metro-to-hc\/","title":{"rendered":"Will deposit Rs 600 crore for now in Reliance Infra firm\u2019s account: Delhi Metro to HC"},"content":{"rendered":"<p>The Delhi High Court Monday reserved its judgment on Reliance Infrastructure-promoted Delhi Airport Metro Express Pvt Ltd (DAMEPL)\u2019s petition seeking enforcement of the 2017 arbitral award, which pertains to the Delhi Airport Metro Express Line. It also recorded the Delhi Metro Rail Corporation\u2019s assurance that an amount of Rs 600 crore will be deposited in DAMEPL\u2019s escrow account within two days.<\/p>\n<p>While the Reliance Infra-led company is praying that the DMRC be asked to forthwith deposit the entire amount of Rs 6,305.40 crore into the Project Escrow Account in compliance with the arbitral award, the DMRC has disputed the number and submitted that they only owe Rs 3,305 crore after payment of Rs 1,000 crore last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Delhi High Court Monday reserved its judgment on Reliance Infrastructure-promoted Delhi Airport Metro Express Pvt Ltd (DAMEPL)\u2019s petition seeking enforcement of the 2017 arbitral award, which pertains to the Delhi Airport Metro Express Line. It also recorded the Delhi Metro Rail Corporation\u2019s assurance that an amount of Rs 600 crore will be deposited in DAMEPL\u2019s escrow account within two days. While the Reliance Infra-led company is praying that the DMRC be asked to forthwith deposit the entire amount of Rs 6,305.40 crore into the Project Escrow Account in compliance with the arbitral award, the DMRC has disputed the number [&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-469951","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/469951","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=469951"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/469951\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=469951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=469951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=469951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}