Supreme Court admits Reliance Infra petition on Airport Metro arbitration

The Supreme Court has also asked DMRC to explain why it should not continue servicing the debt taken for the Airport metro express project

The Supreme Court has admitted Anil Ambani promoted Reliance Infrastructure's (RInfra) special leave petition challenging a Delhi High Court order which set aside an arbitral award for the Airport Metro project, the company said in its statement.

"The Hon’ble Supreme Court has entertained the Special Leave Petition (SLP) filed by Reliance Infrastructure's special purpose vehicle Delhi Airport Metro Express Pvt Ltd (DAMEPL) challenging the judgement of Hon’ble Division Bench of Delhi High Court, which set aside the over Rs 5,800 crore arbitral award won by DAMEPL against DMRC," Reliance Infra said in its statement on Monday. DMRC is Delhi Metro