McNally Bharat Secures ₹5.52 Crore Release In Metso Arbitration

Delhi High Court held Metso India’s arbitral claim extinguished following approval of McNally Bharat’s resolution plan, with no further liability surviving. The Court directed release of approximately Rs.5.52 crore deposited by the Company, plus accrued fixed-deposit interest, creating a favourable cash inflow upon release.