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Supreme Court rejects Noida Toll Bridge Company’s plea to impose tolls on DND flyway

Dec 21, 2024over 1 year ago

Contract Type

agreement

Delhi

Description

The Supreme Court rejected the plea of Noida Toll Bridge Company Limited (NTBCL) to impose tolls on the Delhi Noida Direct (DND) flyway, citing unjust, unfair, and arbitrary practices in the agreement. The court also highlighted the lack of competitive bidding and the perpetual toll collection language in the agreement.

Company Information

Company

Noida Toll Bridge Company Limited

Location

Delhi, India

About

Noida Toll Bridge Company Limited (NTBCL) is involved in toll collection and infrastructure development projects.

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