Emaar-MGF moves court against DDA on bank guarantee

Posted On & filed under Top Law News.

Emaar-MGF , the private firm which developed the Commonwealth Games Village moved the Delhi High Court against the central government’s direction to the Delhi Development Authority (DDA) to confiscate the company’s Rs.183 crore bank guarantee. The guarantee was furnished by the builder before taking up the construction of 1,168 flats in the Village on a… Read more »