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The Times of India

National

TNN

Will deposit Rs 600 crore in 2 days in escrow account for DAMEPL: DMRC

DMRC DAMEPL Metro Delhi Metro Rail Corporation New Delhi

NEW DELHI: Delhi Metro Rail Corporation (DMRC) on Monday assured the high court that it would deposit Rs 600 crore within two days in an escrow account for Delhi Airport Metro Express Private Limited (DAMEPL) to fulfil some of the liabilities imposed due to an arbitral award.

Justice Suresh Kumar Kait took on record the statement made by DMRC’s counsel and reserved the order on the execution petition filed by the Reliance Infrastructure subsidiary for enforcing the award.

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