SC rules DMRC not obligated to pay Reliance Infra, business says 'not received any money'Delhi Metro must pay subsidiary Delhi Airport Metro Express Rs 8,000 crore, however the Supreme Court overturned the ruling.The Supreme Court granted Delhi Metro Rail Corporation's curative plea, declaring that it is not required to pay Rs 8,000 crore to Reliance Infrastructure's Delhi Airport Metro Express Private Limited. DMRC filed the curative petition to overturn the arbitral award to compensate Reliance Infrastructure.The Supreme Court ordered DMRC's payment to be reimbursed, saying the court erred in interfering with the division bench order, producing a grievous miscarriage of justice.Reliance Infrastructure shares fell 20% after the court judgment to hit the lower circuit. In a press release, the business told stock exchanges that the Supreme Court judgment does not entail culpability and that it has not received any money from DAMEPL under the arbitral award.DMRC or subsidiary. "Reliance Infrastructure wishes to clarify that the Hon'ble Supreme Court's Order dated April 10, 2024 does not impose any liability on the Company and the Company has not received any money from DMRC. DMRC had filed a curative petition against a two-judge bench order upholding the arbitral award in DAMEPL. A Delhi High Court division bench overturned the award.A 2008 build–operate–transfer (BOT) agreement between Reliance Infrastructure and DMRC for Delhi Airport Express is at issue. In 2012, Reliance Infrastructure ended the deal. DMRC exercised a clause to commence arbitration, and in 2017, the arbitral tribunal awarded Reliance Infrastructure damages.