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

Defamation Case: “Raut Didn’t Take Care & Caution, Caused Complainant Agony”- Mumbai Court

A Mumbai court has convicted Shiv Sena (UBT) leader Sanjay Raut in a defamation case…

8 hours ago

1984 Anti-Sikh Riots Tytler Case: Delhi Court Records Statement Of Lakhvinder Kaur

The Rouse Avenue court on Thursday recorded the emotional testimony of Lakhvinder Kaur, widow of…

8 hours ago

Satyendar Jain Says Probe In Money Laundering Case Incomplete, Seeks Default Bail In Delhi HC

Former minister Satyendar Jain, currently in jail, urged the Delhi High Court on Thursday to…

8 hours ago

Tirupati Laddus Row: SC To Hear Pleas Seeking Court-Monitored Probe On Oct 4

The Supreme Court is set to hear a series of petitions on Friday regarding the…

9 hours ago

SC Scraps Caste-Based Discrimination In Prisons, Terms It Unconstitutional

The Supreme Court on Thursday delivered a groundbreaking judgment on Thursday, declaring caste-based discrimination in…

9 hours ago

Mahadev Betting App Case: SC Gives Bail To Chhattisgarh Businessman

The Supreme Court on Thursday has granted bail to Chhattisgarh businessman Sunil Dammani, who was…

9 hours ago