SC to Hear DMRC's Contempt Petition
The case, which is significant in the urban transportation sector, has attracted attention due to its scale and implications on infrastructure funding. DMRC, which operates the Delhi Metro network, has been pursuing legal action to recover the said amount, asserting that Reliance Infra did not fulfill the conditions of an earlier court ruling. Reliance Infrastructure, on the other hand, has contested the claims, leading to the current contempt proceedings.
This legal move is a crucial step in DMRC's efforts to recover the funds, which are intended to support future metro projects and infrastructure development in Delhi. The outcome of this case could set a precedent for similar financial disputes in the public transportation sector, especially in projects that involve large-scale private sector participation.
As the Supreme Court prepares to hear the petition, both parties are likely to present their arguments, which could determine the final resolution of this high-stakes legal issue.