Ahluwalia Contracts (India) receives arbitrage award of Rs 31 cr

Capital Market 

Ahluwalia Contracts (India) has received an Award pronounced by Arbitral Tribunal of Sole Arbitrator against contract pertaining to Renovation of SPM Swimming Pool Complex, New Delhi for an amount of Approx.

Rs. 31 crore plus interest. The Award is subject to challenge by the opposite party within the prescribed period provided in the Arbitration and Conciliation Act 4996 (Amended).

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, June 25 2020. 16:57 IST