SC Orders Reliance Infrastructure Subsidiary to Refund Rs 8,000 Crore to DMRC
In a significant ruling, the Supreme Court has granted Delhi Metro Rail Corporation’s (DMRC) curative petition, instructing Reliance Infrastructure to refund Rs 8,000 crore to its subsidiary, Delhi Airport Metro Express Private Limited (DAMEPL). This decision comes after DMRC contested an arbitral award requiring payment to the Reliance Infrastructure subsidiary. The apex court deemed the … Read more