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SC QUASHES ₹7,687-CR. ARBITRAL AWARD AGAINST DELHI METRO AS ‘PATENTLY ILLEGAL

Why in the news? Supreme Court quashes ₹7,687-cr. arbitral award against Delhi Metro as ‘patently illegal’, relieving DMRC from exorbitant liability. source:slideserve About the Court’s Decision: Chief Justice Chandrachud, leading a three-judge Bench, deems the arbitral award as a “grave miscarriage of justice,” exercising Article 142 of the Constitution. The court overturned its previous judgement …

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