SC entertains SLP of Reliance Infrastructure SPV DAMEPL challenging Delhi high court Order

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Mumbai : The Supreme Court has entertained the Special Leave Petition (SLP) filed by Reliance Infrastructure Ltd. SPY Delhi Airport Metro Express Pvt Ltd (DAMEPL) challenging the judgment of  Division Bench of Delhi High Court, which set aside the over Rs. 5,800 crore arbitral award won by DAMEPL against DMRC.

“The Hon’ble Supreme Court has issued notice to DMRC in the SLP. A short notice was also issued to DMRC on DAMEPL’s plea for interim relief, so that DMRC continues to service the debt of DAMEPL pending the disposal of SLP by the Hon’ble Supreme Court” said Reliance Infra in a regulatory filing.

DAMEPL had filed the SLP in the Hon’ble Supreme Court after a Division Bench of the Hon’bleDelhi High Court had set aside an order of the Single Judge Bench of Hon’ble Delhi High Court upholding the over Rs. 5,800 crore arbitral award in favour of DAMEPL against DMRC.

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