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The Times of India
The Times of India
National
TNN

Give bank account & FD details: Delhi high court to DMRC

DMRC New Delhi DAMEPL Reliance Infrastructure

NEW DELHI: The Delhi high court on Monday asked DMRC to furnish details of funds in its bank account and fixed deposits as of date in connection with a Reliance Infrastructure subsidiary’s plea for the execution of an arbitral award of over Rs 4,600 crore against it.

Justice Suresh Kumar Kait, who was hearing the execution petition by Delhi Airport Metro Express Private Limited (DAMEPL), also directed DMRC to share its balance sheet for 2021 after the public mover maintained that money lying in its funds is meant for expansion of network and new projects and can’t be diverted to clear the award liability.

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