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NHAI to consider out of court settlement with Expressway Operator

1 Comment Sub Category:Delhi-NCR,Gurgaon Posted On: Aug 07, 2012

The National Highways Authority of India (NHAI) has told the Delhi High Court that its board would consider reaching an out-of-court settlement to solve its differences with Delhi-Gurgaon Super Connectivity Ltd (DGSCL), the concessionaire operating the Delhi-Gurgaon Expressway.

NHAI board has decided to hold a meeting on August 13 to consider the suggestions to settle the issue between the parties.

The problem started with NHAI alleging DGSCL committing fraud by re-financing the project without getting its approval.

In response, DGSCL appealed to the court to restrain NHAI from taking any coercive action against it.

To read more real estate news:

Delhi realty now in connection with highway projects

One Response to “NHAI to consider out of court settlement with Expressway Operator”

  1. [...] per the NHAI officials, the efficiency will be improved if a new operator would get more pro active on the project. [...]

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