MBL Infrastructure Wins ₹172.4 Million Arbitration Award Against PWD Uttarakhand

MBL Infrastructure Ltd. has secured a ₹172.4 million arbitration award against the Public Works Department (PWD) Uttarakhand, marking a significant legal victory in the infrastructure sector. The ruling mandates PWD Uttarakhand to compensate MBL Infrastructure, including 12% interest on the awarded amount.

 

Key Highlights of the Arbitration Award:

Outlook on MBL Infrastructure’s Legal Win

This arbitration victory highlights the importance of contractual enforcement in India’s infrastructure sector. With government-backed projects facing legal scrutiny, the ruling reinforces corporate accountability and financial fairness in public-private partnerships.

 

Sources: Finance Saathi, Jus Mundi.