DMRC moves Supreme Court against Delhi HC order to pay Rs 60 cr to DAMEPL

The Delhi Metro Rail Corporation (DMRC) today moved the Supreme Court against the Delhi High Court’s order directing it to pay Rs 60 crore as three months interest to a lender of its former concessionaire for airport express line. The DMRC’s counsel mentioned the matter before a vacation bench comprising Justices P C Pant and Deepak Gupta which said it would hear the issue on June 19. The corporation has challenged the June 7 order of high court’s division bench which had dismissed its appeal against a single judge order asking it to pay the amount. The single judge’s interim order of May 30 had come on a plea by the concessionaire Delhi Airport Metro Express Private Limited (DAMEPL) seeking early payment of Rs 3,502 crore, which is 75 per cent of the arbitral award of Rs 4,670 crore granted in its favour on May 11.