Civil Court orders RDC to pay MVR 11.7 million to Indian company
13 އޮކްޓޯބަރު 2026 | އަންގާރަ 08:01The Civil Court has ordered the Road Development Corporation (RDC) to settle its outstanding debt to India’s Lucky Global in a single payment, rejecting the state-owned enterprise's request for an installment plan. Despite RDC admitting to the debt and citing financial constraints for its failure to honor the original agreement, the court ruled that the full amount must be cleared immediately.
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The Civil Court has ordered the Road Development Corporation (RDC) to make a lump-sum payment of MVR 11.7 million owed to the Indian firm, Lucky Global Projects.
The ruling was issued by Civil Court Judge Fayyaz Shatir.
The case was filed by Lucky Global after the defendant failed to settle payments due under agreements signed between the two companies in 2023. According to the case filings, the two parties had entered into three separate settlement agreements earlier this year regarding the outstanding payments.
However, case details reveal that RDC failed to make payments in accordance with the agreements. During the court proceedings, RDC admitted to the outstanding debt owed to Lucky Global.
RDC informed the court that it failed to make the agreed payments due to the company's deteriorating financial situation. Consequently, the company requested the court to grant a flexible arrangement allowing the outstanding amount to be settled in monthly installments.
However, Lucky Global Projects rejected the Road Development Corporation's (RDC) proposal to settle the debt in monthly installments. The company requested the court to order an immediate lump-sum payment of the full amount without proceeding to further hearings.
The court ruled in favor of Lucky Global, ordering the Road Development Corporation (RDC) to settle the outstanding payment in a single lump sum. Following this judgment, RDC is now required to pay 11.7 million Rufiyaa immediately, amid reports that the corporation has failed to settle similar debts with numerous other companies.
