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DMRC Incurs Rs 680 Cr Interest Burden Due To 2-Year Delay In Executing SC Decree

The court directed both governments to provide sovereign guarantee/subordinate debt to DMRC by 31 March 2023, or alternatively, for the Government of India to return funds amounting to Rs 3132 crore to DMRC to enable payment to DAMEPL. Delhi High Court has ordered the Delhi Metro Rail Corporation (DMRC), along with the Governments of India and Delhi, to pay […]

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