Dhara Rail Projects MD, chairman, board of directors and AGM

• Tax disputeUnion of IndiaSince 30 Jan 2017
  A Commercial Arbitration Petition bearing no. 344/2023 was filed by Dhara Rail Projects Pvt. Ltd. ("our Company") against the Union of India (“Respondent”) before the High Court of Delhi (“Hon’ble Court”) under Section 34 of the Arbitration and Conciliation Act, 1996 (“the Act”). The Petition seeks setting aside of the arbitral award dated January 30, 2023, passed by the Ld. Sole Arbitrator. Our Company is claiming total amount of ₹ 302.83 Lakhs- through this present petition. However, the Respondent has opposed the Petition on the ground that it is barred by limitation under Section 34(3) of the Act, since the award was received on January 30, 2023, the limitation expired on May 30, 2023, while the Petition was filed only on August 31, 2023, and registered on September 1, 2023, beyond the mandatory 120-day period, with the reasons cited for condonation of delay being vague and insufficient.MoreLess
  At the filing before: Same as per last Disclosure
• Tax disputeUnion of IndiaSince 22 Dec 2015
  1. An Arbitration Petition bearing no. 4/2023 was filed by the Union of India (“Petitioner”) against Dhara Rail Projects Pvt. Ltd. (“our Company”) before the District and Sessions Court, Karkardooma, (“Ld. Court”) under Section 34 of the Arbitration and Conciliation Act, 1996 (“the Act”). An arbitral dispute bearing Tender No. 56-W/Elect. /14-15/T/03/C/Bank dated November 8, 2014, arose out of a contract for “Supply, Provision, Testing and Commissioning of Capacitor Bank for Power Factor Improvement in End-on-Generation (EOG) Air-Conditioned (AC) Coaches and upgradation of Electrical Passenger Amenities in EOG First ASC Coaches.” Although the bid was submitted, Performance Bank Guarantee (PBG) deposited, and contract executed, the Petitioner terminated the contract on October 3, 2015, alleging non-performance, and further forfeited the Security Deposit (SD) and encashed the PBG. Arbitration was invoked by our Company on December 22, 2015, and an Arbitral Tribunal (A/T) was constituted on July 28, 2020. Vide an arbitral award dated October 11, 2022, the Ld. Sole Arbitrator directed the Petitioner to refund ₹ 6,09,001/- towards the PBG and Earnest Money Deposit (EMD) out of the total claim of ₹ 58.93 Lakhs The Petitioner has now challenged the said award before the Court.MoreLess
  At the filing before: Same as per last Disclosure
• Tax disputeUnion of India, Central Railway, CST MumbaiSince 23 Dec 2015
  Dhara Rail Projects Pvt. Ltd (“our Company”) has initiated an arbitration proceeding against the Union of India, Central Railway, CST Mumbai (“Respondents”) in relation to a contract awarded vide Letter of Acceptance dated February 01, 2012, for replacement of DG set 62.5 KVA at Burhanpur and DG set 30 KVA at 5 Bunglow substation at Bhusawal. The contract was terminated by the counterparty vide letter dated December 15, 2015, which our Company contends to be wrongful. Consequently, our Company has raised claims for recovery of unpaid dues, refund of deposits and guarantees, compensation towards loss of profit, and underutilization of resources.MoreLess
  At the filing before: Same as per last Disclosure
• Tax disputeUnion of India, Central Railway, CST MumbaiSince 8 Jun 2016
  Dhara Rail Projects Pvt. Ltd (“our Company”) has initiated an arbitration proceeding against the Union of India, Central Railway, CST Mumbai (“Respondents”) in relation to a contract awarded vide Letter of Acceptance dated December 04, 2015, for comprehensive annual maintenance contract of DG Set, alternator and other control distribution system installed in power car including escorting of LTT-ALD Duranto Express, LTT-NZM & LTT-LKO AC superfast trains express of Mumbai Division for a period of 2 years. The contract was terminated by the counterparty vide letter dated February 23, 2016, which our Company contends to be wrongful. Consequently, our Company has raised claims for recovery of unpaid dues, refund of deposits and guarantees, compensation towards loss of restraining and our Company to participate in retender.MoreLess
  At the filing before: Same as per last Disclosure
• Tax disputeUnion of India, Central Railway, CST MumbaiSince 23 Feb 2017
  Dhara Rail Projects Pvt. Ltd (“our Company”) has initiated an arbitration proceeding against the Union of India, Central Railway, CST Mumbai (“Respondents”) in relation to a contract awarded vide Letter of Acceptance dated September 09, 2011, for comprehensive annual maintenance contract of power car of Deccan Odyssey Luxury Train of Mumbai Division for a period of 2 years. Our Company is entitled towards the payment of escalation till the completion of work i.e. September 14, 2013 and even till the forceful extension imposed on our Company till December 31, 2015, which was due to defaults and failure on the part of Respondents to provide Power Cars on piecemeal basis, which our Company contends to be wrongful. Consequently, our Company has raised claims for recovery of unpaid dues, refund of deposits and guarantees, compensation towards loss of profit, and underutilization of resources.MoreLess
  At the filing before: Same as per last Disclosure
• Tax disputeUnion of India, South Western Railway, KarnatakaSince 25 Sep 2020
  Dhara Rail Projects Pvt. Ltd (“our Company”) has initiated an arbitration proceeding against the Union of India, South Western Railway, Karnataka (“Respondents”) in relation to a contract awarded vide Letter of Acceptance dated February 07, 2017, for outsourcing of non-core activities for maintenance of batteries, fans and other cleaning in non-AC coaches at Bangalore depot for 2 years. The contract was deemed closed on December 14, 2018 and the stipulated period of contract ended on February 06, 2019, which our Company contends to be wrongful. Consequently, our Company has raised claims for recovery of unpaid dues, refund of deposits and guarantees, compensation towards loss of profit, and underutilization of resources.MoreLess
  At the filing before: Same as per last Disclosure
• Tax disputeUnion of IndiaSince 28 Dec 2019
  1. A Commercial Arbitration Petition bearing number 35423/2022 was filed by Dhara Rail Projects Pvt. Ltd. ("our Company") against the Union of India (“Respondent”) before the High court of Judicature at Bombay (“Ld. Court”) under Section 34 of the Arbitration and Conciliation Act, 1996 (“the Act”). The dispute arose from a Letter of Acceptance (LOA) dated November 8, 2016, for conversion of BG Coaches into Camping Coaches for Track Machine staff. Out of 16 coaches, only 12 were made available, and the Petitioner completed work on all 12 coaches by March 28, 2019. Payments amounting to ₹ 193.84 Lakhs were released belatedly on September 20, 2019. Aggrieved by non-payment during execution, wrongful imposition of penalties, and denial of legitimate claims, the Petitioner invoked arbitration on December 28, 2019. Vide an arbitral award dated March 26, 2022, the Ld. Arbitral Tribunal partly rejected Petitioner’s claims, allegedly ignoring Respondent’s breaches, allowing claims in Respondent’s favor without counterclaims, and relying on material not on record. The Petitioner has therefore challenged the said Award specifically w.r.t claim no.’s 1, 3, 4, 5, 6, 7, 8, and 10 to 15 through the present Arbitration Petition. Accordingly, the disputed amount, to the extent quantifiable stands at ₹ 182.58 Lakhs/-.MoreLess
  At the filing before: Same as per last Disclosure
• Tax disputeUnion of India, Central Railway, CSMT MumbaiSince 25 Sep 2023
  Dhara Rail Projects Pvt. Ltd (“our Company”) has initiated an arbitration proceeding against the Union of India, Central Railway, CSMT Mumbai (“Respondents”) in relation to a contract awarded vide Letter of Acceptance dated March 25, 2019, for IOH of (Electrical Work) Main Line Coach Bogies. The Respondent failed to provide the required space, delaying the work and preventing its completion within the original 12-month period, leading to 3 extensions. By letter dated April 19, 2022, the Respondent further directed the our Company to execute additional quantities of work. Finally, the Contract was revised through the 4th and final variation on March 03, 2023, increasing its value to a 45% variation of the original value, which our Company contends to be wrongful. Consequently, our Company has raised claims for recovery of unpaid dues, refund of deposits and guarantees, compensation towards loss of restraining and our Company to participate in retenderMoreLess
  At the filing before: Same as per last Disclosure

In the company's own words, from its latest governance filing.

The filing has a part on fines and penalties

No

The filing has a part on tax disputes

Yes

The company's own answers in its filing.