Friday, Sep 30, 2022
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Damepl

DAMEPL had borrowed from 11 banks to carry out operations on the Airport Express Line.

DMRC To Deposit DAMEPL's Rs 600 Crore In Two Days

DMRC will pay Rs 600 crore in 72 hours and urged the court to grant some time to it to approach banks for taking the loan for paying the arbitral award amount.

21 February 2022

The high court was adjudicating an early hearing application filed by DAMEPL on January 24 in SC.

Delhi HC Asks DMRC To Take Clear Instructions On Paying Arbitral Award To DAMEPL

Justice Suresh Kumar Kait preponed the date of hearing relating to the execution of the arbitral award passed against the DMRC, from March 29 to February 14.


Delhi High Court will hear 11 lender banks' plea on February 21.

Delhi HC To Hear Lender Banks Plea In DAMEPL-DMRC Case On February 21

In the affidavit, DMRC has stated that as on February 14, it has a total of Rs 5,694.25 crore as funds which include Rs 1,452.10 crore as DMRC funds and Rs 2,681.29 has project funds. 

17 February 2022

Delhi HC was hearing the execution petition by Delhi Airport Metro Express Private Limited (DAMEPL).

Delhi HC Asks DMRC To Provide Bank Account, FD Details In Execution Plea By DAMEPL

The court also asked the parties to file their written submissions and listed the matter for further hearing on February 17. 

14 February 2022

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