Court directs Uttarakhand PWD to deposit Rs 81.14 crore arbitration award
The Commercial Court, Dehradun, Uttarakhand has passed an order dated 05.10.2026 directing the Public Works Department, Government of Uttarakhand to deposit Rs 81.14 crores of an arbitration award dated 14.12.2024.
- Award Amount
- Rs 81.14 crores
- Court Order Date
- 05.10.2026
- Interest Rate
- 12% p.a. till the date of payment
What the order says
- The Commercial Court, Dehradun, Uttarakhand has passed an order dated 05.10.2026.
- The order directs the Public Works Department, Government of Uttarakhand to deposit the amount of Rs 81.14 crores of an arbitration award dated 14.12.2024.
- The award relates to the project 'Improvement and Strengthening of Roads in the District of Udham Singh Nagar (Package No. C‑2)' in the state of Uttarakhand.
- Further interest is continuing at 12% p.a. till the date of payment to the Company.
How to read this
An arbitration award in this project was passed on 14.12.2024. What has now happened is a court order directing the government department concerned to deposit the awarded amount. For a reader, this is a step in the process by which an awarded amount moves towards payment; the order is for deposit of the amount, and the update also states that interest at 12% p.a. keeps running until the date of payment to the Company.
About the company
- MBL Infrastructure Ltd was established in 1995 and listed since 2010.
- It is engaged in the execution of Roads & Highways (Construction, BOT, O&M), Building, Housing & Urban Infrastructure, Railways/Metro and other infrastructure projects.
- It states it has executed projects PAN India, and has its own Quarrying, Concrete, Bitumen, Construction material & Tolling divisions.
Also from MBL Infrastructure
Court directs Uttarakhand PWD to deposit Rs 81.14 crores of arbitration award
6 Oct 2026
More numbers
- Arbitration award amount directed to be deposited by Uttarakhand PWDRs 81.14 crores
- Interest continuing till date of payment12% p.a.
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