Millions Of Commuters Will Suffer If Any Adverse Order Is Passed Against Delhi Metro: Attorney General Venkataramani To High Court
2 years, 5 months ago

Millions Of Commuters Will Suffer If Any Adverse Order Is Passed Against Delhi Metro: Attorney General Venkataramani To High Court

Live Law  

The Delhi Metro Rail Corporation Monday told the Delhi High Court that it has requested its two equity partners - the Union of India and Delhi Government, for infusion of funds to make balance payment to the Reliance Infrastructure-promoted Delhi Airport Metro Express Private Ltd in terms of a 2017 arbitral award.According to DMRC, it owes Rs.7,010.08 Crore to the. The Delhi Metro Rail Corporation Monday told the Delhi High Court that it has requested its two equity partners - the Union of India and Delhi Government, for infusion of funds to make balance payment to the Reliance Infrastructure-promoted Delhi Airport Metro Express Private Ltd in terms of a 2017 arbitral award. Attorney General for India R. Venkataramani, appearing for DMRC, informed the bench of Justice V Kameswar Rao that since the equity partners are applying their minds to the issue, it will be in the fitness of things that no adverse order touching upon the maintenance and operations of Delhi Metro is passed by the court. Case Title: Delhi Airport Metro Express Private Limited v. Delhi Metro Rail Corporation Ltd.

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History of this topic

DMRC asks Supreme Court to urgently take up its curative petition in DAMEPL case
2 years ago

DMRC asks Supreme Court to urgently take up its curative petition in DAMEPL case

Hindustan Times  

NEW DELHI: The Delhi Metro Rail Corporation on Friday asked the Supreme Court to urgently take up its curative petition against the top court’s 2021 order that required it to pay Delhi Airport Metro Express Private Limited, a subsidiary of Anil Ambani-owned Reliance Infrastructure Limited an amount to the tune of over ₹8,000 crore. Supreme Court Attorney general R Venkatramani …

Airport Metro Arbitral Award: DMRC Seeks Review Of High Court Ruling, Says Attachment Of Statutory Expenses Will Cause Chaos On Delhi Roads
2 years ago

Airport Metro Arbitral Award: DMRC Seeks Review Of High Court Ruling, Says Attachment Of Statutory Expenses Will Cause Chaos On Delhi Roads

Live Law  

Seeking a review of Delhi High Court's recent decision on the execution petition filed by Reliance Infra-promoted Delhi Airport Metro Express Private Limited, the Delhi Metro Rail Corporation has told the court that the attachment of its statutory expenses will result in immediate stoppage of the entire metro network in National Capital Region and cause inconvenience to more. Seeking a …

2017 Airport Metro Arbitral Award: Delhi High Court Issues Directions To Centre, Delhi Govt For Payment Of Unpaid Dues To Reliance Infra By DMRC
2 years ago

2017 Airport Metro Arbitral Award: Delhi High Court Issues Directions To Centre, Delhi Govt For Payment Of Unpaid Dues To Reliance Infra By DMRC

Live Law  

The Delhi High Court on Friday directed the Union of India and Delhi government to forthwith attend to Delhi Metro Rail Corporation 's request for extension of sovereign guarantee or subordinate debt to enable it make payment of dues to Reliance Infra-owned Delhi Airport Metro Express Private Limited under the 2017 arbitral award.Justice Yashwant Varma said the decision shall. The …

Take A Decision On Granting Sanction To Attach DMRC's Assets For Payment Of Unpaid Dues To Reliance Infra: Delhi High Court Directs Centre
2 years, 1 month ago

Take A Decision On Granting Sanction To Attach DMRC's Assets For Payment Of Unpaid Dues To Reliance Infra: Delhi High Court Directs Centre

Live Law  

Delhi High Court on Monday directed the union government to take a decision whether it proposes to accord sanction under Section 89 of Delhi Metro Railway Act, 2002, for attachment of the movable and immovable assets of DMRC for satisfaction of the amounts payable under a 2017 arbitral award to Reliance Infrastructure-promoted Delhi Airport Metro Express Private. Delhi High Court …

Requested Centre, Delhi Govt To Provide 'Interest Free Subordinate Debt' For Payment Of Dues To Reliance Infra: DMRC To High Court
2 years, 2 months ago

Requested Centre, Delhi Govt To Provide 'Interest Free Subordinate Debt' For Payment Of Dues To Reliance Infra: DMRC To High Court

Live Law  

The Delhi Metro Rail Corporation has told High Court that it has requested the Central Government and Delhi Government to provide “interest free subordinate debt” for payment of its unpaid dues of arbitral award to Reliance Infrastructure-promoted Delhi Airport Metro Express Private Ltd.In its affidavit filed on January 18, DMRC has informed court that it has written. The Delhi Metro …

Delhi Govt Not Willing To Pay Towards Payment Of Dues To Reliance Infra: DMRC To High Court
2 years, 2 months ago

Delhi Govt Not Willing To Pay Towards Payment Of Dues To Reliance Infra: DMRC To High Court

Live Law  

The Delhi Metro Rail Corporation on Wednesday informed Delhi High Court that the Delhi Government "is not inclined" to contribute towards the payment of unpaid dues of arbitral award to Reliance Infrastructure-promoted Delhi Airport Metro Express Private Ltd.Justice Yashwant Varma took note of the affidavit filed by DMRC in which it was stated that Delhi government has. The Delhi Metro …

India Can't Be International Arbitration Hub If There Is No Enforcement Of Award : Supreme Court
2 years, 3 months ago

India Can't Be International Arbitration Hub If There Is No Enforcement Of Award : Supreme Court

Live Law  

The Supreme Court on Monday orally observed that India cannot aspire to be an international arbitration hub if there is no enforcement of arbitration awards.A bench comprising Justices BR Gavai and Vikram Nath made this observation while considering a petition filed by Delhi Airport Metro Express Pvt Ltd in relation to the enforcement of the award to the tune of …

Centre, Delhi Govt May Decide On DMRC's Request For Financial Assistance By Dec 12: Attorney General To High Court
2 years, 4 months ago

Centre, Delhi Govt May Decide On DMRC's Request For Financial Assistance By Dec 12: Attorney General To High Court

Live Law  

The Delhi Metro Rail Corporation Friday informed Delhi High Court that the Centre and Delhi Government may reach to some understanding by December 12 on contributing towards the payment of its unpaid dues of arbitral award to Reliance Infrastructure-promoted Delhi Airport Metro Express Private Ltd.Attorney General for India R. Venkataramani, appearing for DMRC, requested a. The Delhi Metro Rail Corporation …

Delhi High Court To Summon DMRC Managing Director If Balance Arbitral Award Not Paid To DAMEPL Within Four Weeks
2 years, 6 months ago

Delhi High Court To Summon DMRC Managing Director If Balance Arbitral Award Not Paid To DAMEPL Within Four Weeks

Live Law  

The Delhi High Court has directed Delhi Metro Rail Corporation to make balance payment in terms of a 2017 arbitral award to Reliance Infrastructure-promoted Delhi Airport Metro Express Pvt Ltd within a period of four weeks. A single judge bench comprising of Justice V Kameswar Rao made it clear that if the amount is not paid within the stipulated time, …

Delhi High Court Seeks DMRC's Stand On Making Payment Of Arbitral Award To DAMEPL
3 years, 1 month ago

Delhi High Court Seeks DMRC's Stand On Making Payment Of Arbitral Award To DAMEPL

Live Law  

The Delhi High Court on Monday asked Delhi Metro Rail Corporation to take instructions as to how it will make the payment of arbitral award to Delhi Airport Metro Express Private Limited. Justice Suresh Kumar Kait was hearing an early hearing application filed by DAMEPL in it's plea against DMRC, seeking enforcement of the arbitration award dated May 11, 2017. …

DAMEPL Playing 'Hide & Seek', Not Here With Clean Hands: Delhi High Court In Plea For Enforcement Of Arbitral Award Against DMRC
3 years, 2 months ago

DAMEPL Playing 'Hide & Seek', Not Here With Clean Hands: Delhi High Court In Plea For Enforcement Of Arbitral Award Against DMRC

Live Law  

The Delhi High Court on Tuesday pulled up the Delhi Airport Metro Express Private Limited for playing hide and seek with the Court, adding that it was not coming to the Court with clean hands. Justice Suresh Kumar Kait was hearing DAMEPL's plea against Delhi Metro Rail Corporation seeking enforcement of the arbitration award dated May 11, 2017.The Court was …

Delhi HC Asks Centre, Delhi Govt To Consider The Prospect Of Recommencing Metro Services
4 years, 10 months ago

Delhi HC Asks Centre, Delhi Govt To Consider The Prospect Of Recommencing Metro Services

Live Law  

Delhi High Court has asked the Union of India as well as the Delhi Government to consider the prospect of recommencing the services of Delhi Metro.The order has come in a plea seeking a direction to the Central Government to permit the operation of public transportation in all the districts of Delhi. The order has come in a plea seeking …

Delhi: High Court declines plea against free Metro ride for women
5 years, 8 months ago

Delhi: High Court declines plea against free Metro ride for women

India TV News  

The Delhi High Court on Tuesday dismissed a plea challenging the Delhi government's proposal to make Metro ride free for women. The plea alleged that the proposed decision of the Aam Aadmi Party government was "arbitrary" and "discriminatory". The plea sought the court's direction to the Delhi government not to take any step to make the Delhi Metro ride free …

Delhi HC Upholds 2,950 Crore Arbitration Award Plus Interest To Reliance Infrastructure's Subsidiary From Delhi Metro
7 years ago

Delhi HC Upholds 2,950 Crore Arbitration Award Plus Interest To Reliance Infrastructure's Subsidiary From Delhi Metro

Live Law  

The Delhi High Court, on Tuesday, upheld the Rs. 2,950 crore arbitration award along with interest to Delhi Airport Metro Express Private Limited, a subsidiary of Reliance Infrastructure Limited against Delhi Metro Rail Corporation Limited.The order was passed by Justice Sanjeev Sachdeva who was hearing two Petitions on the subject. 2,950 crore arbitration award along with interest to Delhi Airport …

SC Directs Delhi Metro To Pay Rs. 60 Crore As Interest To Reliance Infra Unit DAMEPL [Read Order]
7 years, 9 months ago

SC Directs Delhi Metro To Pay Rs. 60 Crore As Interest To Reliance Infra Unit DAMEPL [Read Order]

Live Law  

The Supreme Court on Monday refused to interfere with the Delhi High Court order directing the Delhi Metro Rail Corporation to pay Rs. 60 crore as interim payment to Delhi Airport Metro Express Private Limited, a Reliance Infrastructure Subsidiary.A vacation Bench comprising Justice D.Y. The High Court had then upheld an order passed by a single Judge, who had on …

Make Delhi Metro viable, reduce travel costs: Venkaiah
10 years, 9 months ago

Make Delhi Metro viable, reduce travel costs: Venkaiah

India TV News  

New Delhi: With an aim of promoting use of metro train service in the national capital and lending an ear to commuters, Union Minister M Venkaiah Naidu today took a ride on it and said efforts will be made to popularise the service, make it more viable and reduce travel costs. Our people have got capacity and calibre if we …

Reliance Infra refuses to operate Delhi Airport Metro line
11 years, 8 months ago

Reliance Infra refuses to operate Delhi Airport Metro line

India TV News  

New Delhi, June 29: Reliance Infra, which runs the Delhi Airport Metro line, has refused to operate it beyond June 30, a notice rejected by Delhi Metro Rail Corporation on Friday which termed it as a 'violation' of the Concession agreement and the ongoing arbitration proceedings. However, if Reliance Infra does not operate it, DMRC will step in and run …

Reliance Infra pulls out of Delhi Airport Metro, DMRC to step in
11 years, 8 months ago

Reliance Infra pulls out of Delhi Airport Metro, DMRC to step in

Firstpost  

Before the suspension of services, the ridership hovered around 20,000 to 21,000 but after the resumption, the ridership was nearly halved to around 10,000. New Delhi: Reliance Infra, which runs the Delhi Airport Metro line, has refused to operate it beyond June 30, a notice rejected by Delhi Metro Rail Corporation Friday which termed it as a “violation” of the …

Airport line: Delhi Metro rejects R-Infra's pull-out offer
12 years, 5 months ago

Airport line: Delhi Metro rejects R-Infra's pull-out offer

Firstpost  

With failure of negotiations between the two parties, they have now opted for arbitration to settle the vexatious issue once and for all. Delhi Metro today said it has rejected an offer by Reliance Infrastructure to quit the showcase Airport Metro Express project citing financial non-viability. Delhi Metro Managing Director Mangu Singh admitted that Reliance Infrastructure-led Delhi Airport Metro Express …

Operations on Airport Metro unsafe: Reliance Infra told govt – India TV
12 years, 8 months ago

Operations on Airport Metro unsafe: Reliance Infra told govt – India TV

India TV News  

New Delhi, Jul 17:Days before the Airport Metro Express was shut down temporarily, its operator Reliance Infrastructure had warned the Urban Development Ministry that the operation of the line was “unsafe” and slowing down of speed was “adversely impacting” it financially. Operations on the 23-km high-speed corridor were suspended on July 8 after Reliance Infra detected cracks on the civil …

Delhi Airport Metro Express to close from Sunday
12 years, 8 months ago

Delhi Airport Metro Express to close from Sunday

India TV News  

New Delhi, Jul 7: Reliance Infrastructure-led Delhi Airport Metro Express will close down from Sunday for an unspecified period apparently due to technical problems and financial losses, a move that would affects hundreds of passengers who were relying on this corridor to reach the airport without any hassles. The country's first Public-Private-Partnership Metro project has had a tumultuous journey in …

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