Supreme Court

SC Allows DMRC’s Plea Against Arbitral Award Of ₹8,000 Crore In Favour Of DAMEPL

The Supreme Court on Wednesday has held that the PSU wasn’t obliged to pay Rs.8,000 crore to the Delhi Airport Metro Express Private Ltd, (a Reliance Infrastructure firm), in pursuance of a 2017 arbitral award.

A bench headed by Chief Justice DY Chandrachud allowed the curative plea of the Delhi Metro Rail Corporation (DMRC) against the dismissal of its revision plea against the arbitral award.

The appeal and the review petitions of the DMRC, challenging the arbitral award asking it to pay Rs 8,000 crore to DAMEPL, were dismissed by the apex court which heard the curative petition and reserved the verdict.

Meera Verma

Recent Posts

Centre Opposes Ex-Judges Panel To Monitor Stubble Burning In SC

The Centre on Friday opposed a proposal in the Supreme Court to form a committee…

7 hours ago

“It’s A Celebration For Us”: Delhi HC Bar Association Felicitates CJI Sanjiv Khanna

The Delhi High Court Bar Association on Friday honored Chief Justice of India Justice Sanjiv…

7 hours ago

International Criminal Court Issues Arrest Warrant For Israeli PM Netanyahu

The International Criminal Court has recently issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu,…

8 hours ago

Cal HC Stays Demolition Of Illegal Constructions In WB’s Mandarmoni

The Calcutta High Court on Friday granted an interim stay on the demolition of alleged…

8 hours ago

SC To Pass Order On Pleas To Efface Words ‘Secular’, ‘Socialist’ From Preamble

The Supreme Court on Friday announced that it would deliver its order on November 25…

9 hours ago

Air Pollution: SC Questions Delhi Govt On Truck Entry Amid GRAP-4 Restrictions

The Supreme Court raised concerns on Friday about the "drastic" consequences of the GRAP Stage…

9 hours ago