Supreme Court rules in favor of DMRC, DAMEPL will not have to pay Rs 8000 crore
SC Verdict on DMRC The Supreme Court granted major relief to the Delhi Metro Rail Corporation (DMRC) on Wednesday saying it is not bound to pay Rs 8,000 crore to the ‘Delhi Airport Metro Express Private Limited’. This order was passed to DMRC in 2017. ‘Delhi Airport Metro Express Private Limited’ is a company of Reliance Infrastructure.
PTI, New Delhi. Veteran businessman Anil Ambani has received a big blow from the Supreme Court. Supreme Court Supreme Court has given relief to DMRC in a case related to Delhi Metro.
The Supreme Court granted major relief to the Delhi Metro Rail Corporation (DMRC) saying it is not bound to pay Rs 8,000 crore to Delhi Airport Metro Express Pvt Ltd. This order was passed to DMRC in 2017. ‘Delhi Airport Metro Express Private Limited’ is a company of Reliance Infrastructure.
The Supreme Court has given a big blow to Anil Ambani by approving the curative petition filed by DMRC. A bench headed by Chief Justice of India DY Chandrachud allowed the curative plea of Delhi Metro Rail Corporation (DMRC) against the dismissal of its revision petition against the verdict.
The Supreme Court gave this order
The judgment said that the amount so far deposited by the DMRC would be refunded and the parties would be restored to their position, in the position they were in on the date of pronouncement of the judgment of the Delhi High Court. A detailed decision is awaited.
