Reliance Infrastructure can t sell stake in BSES Rajdhani Ltd, BSES Yamuna Ltd till January 27. Representational Image | Photo Credit: IANS
Key Highlights
Delhi HC to hear plea filed under Arbitration Act on Jan 27
Reliance Infrastructure has been stopped from selling its stake in BSES Rajdhani Limited and BSES Yamuna Limited by the Delhi High Court till January 27. Admitting a petition filed by Shanghai Electric Group (SEG) Company Limited to secure a claim amount of Rs. 995 crores, a single-judge bench of Justice Talwant Singh asked for status quo to be maintained in Reliance Infrastructure s shareholding in BSES Yamuna Limited and BSES Rajdhani Limited.