MBL Infrastructure Ltd received a significant legal boost as the Commercial Court in Dehradun upheld an arbitration award directing Uttarakhand’s Public Works Department to pay Rs 206.5 million plus interest. This decision reaffirms MBL’s claim for completed road projects, marking a positive fiscal milestone for the company.
MBL Infrastructure Ltd has secured a pivotal court victory with the Dehradun Commercial Court's recent order dated November 14, 2025. The court upheld the arbitration award valuing Rs 206.5 million (approximately Rs 20.65 crore), along with applicable per annum interest, in favor of MBL. This award pertains to completed infrastructure work for state road improvements executed under government contracts.
Key Highlights:
Court Confirmation: The Dehradun court confirmed the validity and enforceability of the arbitration award issued by the learned arbitral tribunal, strengthening MBL’s financial claims against the Uttarakhand Public Works Department (PWD).
Award Amount: The sum awarded is Rs 206.5 million, with future interest accruing as per the award’s terms, providing ongoing financial compensation for the delayed payments.
Project Context: The awarded claim relates to completed road improvement projects in the districts of Nainital and Udham Singh Nagar, highlighting MBL’s active role in regional infrastructure development.
Strategic Impact: This court ruling enhances MBL’s cash flow prospects, enabling the company to pursue new projects confidently, supported by the affirmation of legal dues.
Financial Standing: This win adds to several favorable arbitration outcomes for MBL, consolidating its position in the infrastructure sector and potentially improving market sentiment on its stock.
This legal update marks a crucial win for MBL Infrastructure Ltd, paving the way for improved financial stability and project execution strength.
Sources MBL Infrastructure press releases and filings, Commercial Court Dehradun orders, NSE India and EquityBulls