The Commercial Court in Dehradun, Uttarakhand, has directed the Public Works Department (PWD), Government of Uttarakhand, to pay Rs 172.4 million to MBL Infrastructure Ltd. in accordance with an arbitration award dated 23 March 2024. The case pertains to a completed road project under Package No. 5 for the improvement and strengthening of state roads in Nainital and Udham Singh Nagar districts.

The arbitration tribunal had issued a unanimous award in favour of MBL Infrastructure Ltd., granting a payment of Rs 172.4 million, which includes interest accrued up to the date of the award. Additionally, the order stipulates future interest at 12 per cent per annum from the date of the award until actual payment, along with a declaratory award for applicable GST.

MBL Infrastructure Ltd., founded in 1995 and publicly listed since 2010, is a prominent civil engineering company engaged in executing infrastructure projects across India.