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In a major setback to the DMRC, the Delhi High Court on Thursday asked it to pay the entire arbitral amount to the Delhi Airport Metro Express Pvt Ltd (DAMEPL) on an execution petition seeking enforcement of the arbitration award in favour of the Reliance Infrastructure s subsidiary. ....
The Delhi Metro Rail Corporation (DMRC) on Monday agreed to deposit Rs 600 crore in the escrow account of the Delhi Airport Metro Express Pvt Ltd (DAMEPL) within two days. ....