Corporate Announcement
Security Code : 532481    Company : NOIDATOLL    
 
Update On Commencement Of Arbitration Proceedings Against Noida Download PDF Download XBRL
  Exchange Received Time  01/08/2018 15:05:54         Exchange Disseminated Time   01/08/2018 15:05:59              Time Taken   00:00:05
At the arbitration hearing held on July 31, 2018, Senior Counsel appearing for the New Okhla Industrial Development Authority ('NOIDA) made rejoinder submissions to the objections by Noida Toll Bridge Company Limited and Infrastructure Leasing & Financial Services Ltd to NOIDA's Application under Section 16 of Arbitration and Conciliation Act, 1996.

The Tribunal, after hearing the submissions of all parties, has reserved orders on the Section 16 Application. Subject to the orders passed thereon, the next date of hearing has been scheduled for September 12, 2018.

 

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