Court asks Khazanah-backed firm, NHAI to put money on the table to shield lenders

By Maulik Vyas

  • 06 Dec 2017
Premium
Credit: Thinkstock

The Delhi High Court has directed a private equity-backed infrastructure company to produce a bank guarantee and the National Highways Authority of India to make a deposit in an escrow account until the two resolve a dispute through arbitration.A division bench of the court told Jetpur Somnath Tollways Pvt. Ltd ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.