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Articles for Dmrc, search results for funds

BJP accuses AAP government of insufficient funding for Delhi metro projects
2 weeks, 5 days ago

BJP accuses AAP government of insufficient funding for Delhi metro projects

India Today  

A dispute has emerged between the BJP and the AAP government in Delhi over budget allocations for the Delhi Metro Rail Corporation. The controversy comes after the Delhi government approved revised budget estimates, which the BJP claims provides inadequate funds to the metro's ongoing projects. BJP ACCUSES DELHI GOVERNMENT OF UNDERFUNDING Senior BJP leader and Leader of the Opposition, Vijendra …

Delhi Budget Funding Metro Bjp Gupta Dmrc
DMRC’s Salaries, O&M Expenses Not To Be Attached In Case Of Failure To Pay Unpaid Dues To Reliance Infra: Delhi High Court Clarifies
1 year, 8 months ago

DMRC’s Salaries, O&M Expenses Not To Be Attached In Case Of Failure To Pay Unpaid Dues To Reliance Infra: Delhi High Court Clarifies

Live Law  

The Delhi High Court has clarified that the salaries and other Operation & Maintenance expenses to be borne by Delhi Metro Rail Corporation will not be attached in case of its failure to pay dues to Reliance Infra-owned Delhi Airport Metro Express Private Limited under the 2017 arbitral award. On March 17, the high court issued a slew of directions …

Expenses Delhi Court Pay Metro Total Reliance Infra
DMRC ops, salary funds won’t be attached, says Delhi high court
1 year, 8 months ago

DMRC ops, salary funds won’t be attached, says Delhi high court

Hindustan Times  

The Delhi high court on Wednesday said that funds reserved for salaries, operations and management to run the Delhi Metro Rail Corporation will not be attached in case of failure to pay the unpaid arbitral award to the Delhi Airport Metro Express Private Limited. While disposing of DMRC’s review petition against the attachment of its assets, justice Yashwant Varma noted …

Delhi Court Dmrc
Airport Metro Arbitral Award: DMRC Seeks Review Of High Court Ruling, Says Attachment Of Statutory Expenses Will Cause Chaos On Delhi Roads
1 year, 9 months 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 …

Expenses Delhi Court Review Metro Funds Ncr
DMRC to launch Rs7,000 crore rights issue to repay DAMEPL
2 years ago

DMRC to launch Rs7,000 crore rights issue to repay DAMEPL

Hindustan Times  

New Delhi Metro said that the funds raised will be utilised to pay an arbritral award of ₹ 4,500 crore to the Anil Ambani-controlled Delhi Airport Metro Express Private Limited The Delhi Metro Rail Corporation on Thursday launched a rights issue worth ₹7131.28 crore for its equity stakeholders, with funds raised to be utilised to pay an arbritral award of …

Delhi Crore Issue Dmrc Repay Damepl
Delhi High Court Directs DMRC To Pay Decretal Amount Of Over Rs 6K Crores To DAMEPL In 2 Installments
2 years, 9 months ago

Delhi High Court Directs DMRC To Pay Decretal Amount Of Over Rs 6K Crores To DAMEPL In 2 Installments

Live Law  

The Delhi High Court on Thursday directed the Delhi Metro Rail Corporation to pay the decreetal amount to Reliance Infrastructure-promoted Delhi Airport Metro Express Pvt Ltd in latter's plea seeking enforcement of the arbitration award dated May 11, 2017 in two installments by May 31, 2022.The Court directed that part-payment must be paid within two weeks.DAMEPL submitted. The Delhi High …

Delhi High Court Court Delhi High Court Pay Metro Crores
Rs. 6208.03 Crores Funds Lying In Various Banks: DMRC Tells Delhi High Court
2 years, 11 months ago

Rs. 6208.03 Crores Funds Lying In Various Banks: DMRC Tells Delhi High Court

Live Law  

The Delhi Metro Rail Corporation Limited has disclosed before the Delhi High Court that is has a total of Rs. The development came after the DMRC filed an additional affidavit in the plea filed by Delhi Airport Metro Express Private Limited seeking enforcement of the arbitration award dated May 11, 2017.The High Court had last. The development came after the …

Delhi High Court Court Delhi High Court Metro High Filed