{"id":528527,"date":"2022-10-11T10:27:20","date_gmt":"2022-10-11T04:57:20","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=528527"},"modified":"2022-10-11T11:24:08","modified_gmt":"2022-10-11T05:54:08","slug":"delhi-metro-reeling-under-financial-crisis-high-court-told-in-delhi-airport-metro-express-private-limited-case","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/delhi-metro-reeling-under-financial-crisis-high-court-told-in-delhi-airport-metro-express-private-limited-case\/","title":{"rendered":"Delhi Metro reeling under financial crisis, High Court told in Delhi Airport Metro Express Private Limited case"},"content":{"rendered":"<p>The Delhi Metro Rail Corporation (DMRC) has written to the Centre and Delhi government for infusion of funds in the public sector undertaking which will enable it to pay the \u201coutstanding amount\u201d to Reliance Infrastructure\u2019s Delhi Airport Metro Express Private Limited (DAMEPL) under the terms of the May 2017 arbitral award, Attorney General of India (AG) R Venkataramani informed the Delhi High Court Monday. <\/p>\n<p>Appearing for the first time in the matter, Venkataramani referred to the additional affidavit filed by DMRC which reads, \u201c\u2026 It is expected that both the Governments will respond in terms of their respective liabilities under the Metro Policy, 2017, consequently any further directions in regard to the execution of the Award will have to necessarily await the deliberations by both the Governments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Delhi Metro Rail Corporation (DMRC) has written to the Centre and Delhi government for infusion of funds in the public sector undertaking which will enable it to pay the \u201coutstanding amount\u201d to Reliance Infrastructure\u2019s Delhi Airport Metro Express Private Limited (DAMEPL) under the terms of the May 2017 arbitral award, Attorney General of India (AG) R Venkataramani informed the Delhi High Court Monday. Appearing for the first time in the matter, Venkataramani referred to the additional affidavit filed by DMRC which reads, \u201c\u2026 It is expected that both the Governments will respond in terms of their respective liabilities under [&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-528527","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/528527","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=528527"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/528527\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=528527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=528527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=528527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}