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DMRC fails to comply with Delhi HC order to pay DAMEPL by Oct 4
TIWN
DMRC fails to comply with Delhi HC order to pay DAMEPL by Oct 4
PHOTO : TIWN

New Delhi, Oct 5 (TIWN) The Delhi Metro Rail Corporation Limited (DMRC) has failed to comply with the Delhi High Court order dated September 6 directing DMRC to pay Rs 4,447.56 crore to Delhi Airport Metro Express Private Limited (DAMEPL) by October 4.

This amounts to a brazen violation of the Supreme Court judgement of September last year, which had upheld the arbitral award in favour of DAMEPL.

The failure of DMRC to pay the outstanding amount is also a violation of the Delhi High Court order, which stated that “it is made clear that if the amount is not paid within four weeks, the court shall be constrained to call the appearance of the Managing Director of the DMRC before this court”.

The DMRC has not stated anything further on its attempt to arrange for a loan from banks to make payment to DAMEPL under the award.

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