The Supreme Court has lifted a financial burden of ?47 billion off the Delhi Metro Rail Corporation (DMRC), criticising its own verdict from 2021. In a significant relief to the DMRC, the apex court reversed its earlier decision that mandated the payment of the hefty sum.
The 2021 verdict had ordered DMRC to compensate Delhi Airport Metro Express Pvt Ltd (DAMEPL) for losses incurred due to termination of the Airport Express Line contract. However, the recent judgement acknowledged that DMRC had not violated any terms of the contract, thereby removing the financial obligation.
The initial ruling had sparked controversy and raised concerns about its potential adverse impact on DMRC's financial stability and infrastructure projects. With the latest verdict, DMRC can breathe a sigh of relief and focus on its ongoing projects without the burden of additional financial strain.
This decision marks a significant development in the legal saga surrounding the Airport Express Line contract termination and underscores the importance of careful consideration in judicial rulings pertaining to critical infrastructure projects.
The Supreme Court's reversal reflects a reconsideration of its earlier stance, highlighting the complexities involved in legal matters concerning public infrastructure and contractual obligations.
