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Delhi High Court Dismisses Plea, Orders NHAI to Pay Firm Rs 143 Crore - (13 Aug 2019)

ARBITRATION

Delhi High Court has ordered the National Highways Authority of India(NHAI) to pay Rs 143 crores to PNC-BEL, a joint venture firm, in a dispute over a project for widening and strengthening of National Highway 24 to four-lane standards from Garmukteshwar to Moradabad. The Court directed NHAI to pay the amount as decided by the arbitrator to the firm and dismissed its plea of delay in completion of work by the company.

Tags : DELHI HIGH COURT   NHAI  

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