Revisit provision that no metro properties can be attached

09 Mar 2023 CW Team

Puri made the remark in a document attached to the Ministry of Housing and Urban Affairs' supplemental affidavit submitted in the Delhi High Court on March 3. He declined to provide permission to attach Delhi Metro properties, claiming that it has become the lifeline of Delhi and the National Capital Region, with lakhs of people relying on it for a living.

This comes just days after the Delhi High Court directed the Centre to rule on whether to grant sanction for attaching moveable and immovable assets of the Delhi Metro Rail Corporation (DMRC) in order to pay the unpaid amount of an arbitral award to the Reliance Infrastructure-promoted Delhi Airport Metro Express (DAMEPL).

According to the minister, the Delhi Metro serves around 60 lakh passengers in the Delhi-NCR on a daily basis.

"The Central Government is being asked to give approval to attach DMRC properties to pay a corporation that abandoned/deserted the airport metro line services in the first few years of a 30-year contract," the minister added.

He stated that any negative outcome that causes the public utility to come to a halt could result in a significant law-and-order problem spanning roughly 400 kilometres of the metro network.

"I further direct the division to reconsider and revise Section 89 of the Metro Act, 2002, to make it absolute, so that no attachment of its properties, bank accounts, or other assets or operations can ever be carried out," Puri added.

Manoj Joshi, the secretary in the ministry, stated in his own notation in the document attached to the affidavit, "Given the backdrop of the case and in light of public interest, we should not allow for sanction attachment of DMRC assets."

Also Read
Redevelopment works to begin at Ludhiana railway station
Duhai depot of RRTS project starts its operation for 82km

Asserting that the Delhi Metro is the lifeline of the national capital and its surrounding areas, Union Housing and Urban Affairs Minister Hardeep Singh Puri has directed officials to reconsider a Metro Railways Act provision that would prevent the metro's properties or bank accounts from ever being attached. Puri made the remark in a document attached to the Ministry of Housing and Urban Affairs' supplemental affidavit submitted in the Delhi High Court on March 3. He declined to provide permission to attach Delhi Metro properties, claiming that it has become the lifeline of Delhi and the National Capital Region, with lakhs of people relying on it for a living. This comes just days after the Delhi High Court directed the Centre to rule on whether to grant sanction for attaching moveable and immovable assets of the Delhi Metro Rail Corporation (DMRC) in order to pay the unpaid amount of an arbitral award to the Reliance Infrastructure-promoted Delhi Airport Metro Express (DAMEPL). According to the minister, the Delhi Metro serves around 60 lakh passengers in the Delhi-NCR on a daily basis. The Central Government is being asked to give approval to attach DMRC properties to pay a corporation that abandoned/deserted the airport metro line services in the first few years of a 30-year contract, the minister added. He stated that any negative outcome that causes the public utility to come to a halt could result in a significant law-and-order problem spanning roughly 400 kilometres of the metro network. I further direct the division to reconsider and revise Section 89 of the Metro Act, 2002, to make it absolute, so that no attachment of its properties, bank accounts, or other assets or operations can ever be carried out, Puri added. Manoj Joshi, the secretary in the ministry, stated in his own notation in the document attached to the affidavit, Given the backdrop of the case and in light of public interest, we should not allow for sanction attachment of DMRC assets. Also Read Redevelopment works to begin at Ludhiana railway station Duhai depot of RRTS project starts its operation for 82km

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Infrastructure Energy

06 Apr 2026

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Real Estate

06 Apr 2026

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..