"In connection with the Arbitration Award issued on May 11, 2017 regarding the Delhi Airport Metro Express Line, the DMRC has decided to seek legal remedies under the Arbitration Act, 1996 and have decided to file an objection petition before the High Court of Delhi on this matter under Section 34 of the Arbitration Act," said DMRC spokesperson Anuj Dayal.
Reliance Infrastructure (RInfra) had said on Thursday said it has been awarded a compensation worth Rs 2,950 crore by an arbitral tribunal against DMRC..
It said the compensation was awarded to its subsidiary Delhi Airport Metro Express (DAMEPL) through a unanimous decision of the three-member tribunal which was constituted from a panel nominated by the DMRC.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.