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2018 Supreme(Del) 338

SANJEEV SACHDEVA
Delhi Metro Rail Corporation Limited – Appellant
Versus
Delhi Airport Metro Express Private Limited. – Respondent


Advocates Appeared:
For the Petitioner: Delhi Metro Rail Corporation Limited:Mr. P Narasimha, ASG, Mr. Prag Tripathi and Mr. Ajit Kumar Sinha, Senior Advocates with Mr. Tarun Johri, Mr. S. Sinha, Mr. Ankur Gupta, Mr. Ankit Saini and Mr. Giri Bhalla, Advocates
For the Respondent: For Delhi Airport Metro Express Private Limited:Mr. P. Chidambaram, and Mr. J.J. Bhatt, Senior Advocates with Mr. Mahesh Aggarwal, Ms. Anjali Chandurkar, Ms. Megha Mehta and Mr. Anuj Malhotra, Advocates

JUDGMENT :

SANJEEV SACHDEVA, J.

1. OMP (COMM) 307 is a petition filed under Section 34 of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as the Act) by Delhi Metro Rail Corporation Limited (hereinafter referred to as Delhi Metro for short) inter alia seeking setting aside of the Arbitration Award dated 11.05.2017 (hereinafter referred to as the Arbitral Award) and other consequential reliefs.

2. OMP (COMM) (I) 200/2017 is a petition filed under Section 9 of the Act by Delhi Airport Metro Express Private Limited (hereinafter referred to as the Concessionaire) seeking a direction to the Delhi Metro to deposit with the Court an amount of Rs. 3502.62 Crores being 75% of the amount awarded under the Arbitral Award and a further direction for release of the deposited amount to the Project Lenders and Promoters, who had financed the project.

3. Delhi Metro was entrusted with the work of preparing a Detailed Project Report (DPR) for implementing High Speed Airport Express Line Project (Project, for short) from New Delhi to the newly built airport terminal of Indira G


















































































































































































































































































































































































































































































































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