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

By Maulik Vyas

  • 06 Dec 2017
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Court asks Khazanah-backed firm, NHAI to put money on the table to shield lenders
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 ......

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