Ashok Leyland has been awarded USD 23.2 million against the Delhi Transport Corporation – but could fight on after failing to secure the USD 46.5 million it wanted.
Major Indian multinational vehicle manufacturer Ashok Leyland has proved victorious against the Delhi Transport Corporation (DTC), winning an arbitral award of INR 2.2 billion (USD 23.2 million) over a bus-supply wrangle dating back nearly 15 years.
The dispute arose after Chennai-headquartered Ashok supplied buses to the DTC
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