Saturday, April 22, 2006

High Court dismisses Reliance plea on Delhi, Mumbai airports upgrade contracts

New Delhi: The Delhi High Court on Friday dismissed the petition filed by the Anil Ambani-promoted Reliance Airports Developer Private Ltd challenging the award of contract for modernisation of the Delhi and Mumbai airports.
Disposing of the RADPL petition, Mr Justice T.S. Thakur and Mr Justice B.N. Chaturvedi held that there was transparency in award of the contracts. "No mala fide or arbitrariness were acted upon in awarding the bids to two private developers."
The court, however, said that the interim order of February 20 would remain in force for two more weeks to allow Reliance the option of moving a Special Leave Petition in the Supreme Court. On February 20, the court had said that the parties could not seek any compensation in case the court decision went against them.
21/04/06 Hindu Business Line
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