Thursday, October 19, 2017

Delhi High Court seeks AAI reply on plea for Safdarjung airport attachment

New Delhi: The Delhi High Court issued a notice to Airport Authority of India (AAI) on an execution petition seeking directions for attachment of Safdarjung Airport to recover an arbitration amount of about Rs 1.49 crore, due to a private company.
“Issue notice…counsel for judgment debtor (AAI) accepts notice. He submits that he would like to take instructions regarding payment of the award amount,” said Justice Jayant Nath listing the matter for October 30. The matter pertains to a private company, represented by advocate Arpita Bhargava, which had entered into two agreements — in March 2005 and February 2007 —with the AAI to render architectural and engineering services for construction of the proposed International Terminal building at Trivandrum Airport.
As disputes regarding payments arose, the matter was referred for arbitration as per terms of agreement, following which sole arbitrator O P Goel, former Director General, CPWD, on December 23, 2015, awarded an amount of around Rs 1.23 crore, with 12 per cent interest if it was not paid within reasonable time.
19/10/17 Manish Raj/Indian Express

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