SC junks Devas Multimedia's appeal against NCLAT orderThe National Company Law Tribunal (NCLAT) had upheld the earlier order of the Bengaluru bench of the National Company Law Tribunal (NCLT), ...
17 Jan, 2022, 02.19 PM IST
NCLAT dismisses Devas Multimedia's plea against its winding upEarlier this year, Antrix moved the National Company Law Tribunal to wind up Devas Multimedia over charges of fraud. Following this, Devas’...
08 Sep, 2021, 11.40 PM IST
NCLT directs liquidation of Devas Multimedia, allows petition by ISRO's Antrix CorpThe Bengaluru bench of the NCLT has said Devas Multimedia was incorporated with a fraudulent motive to collude and connive with the then of...
30 May, 2021, 01.17 PM IST
SC keeps in abeyance effect of US court order asking Antrix to pay compensation to DevasThe agreement was terminated by Antrix in February 2011.Over the next several years, Devas approached various legal avenues in India.This i...
04 Nov, 2020, 10.33 PM IST
Antrix-Devas case: Former ISRO chief G Madhavan Nair quizzed by CBINair was summoned to CBI headquarters this morning and asked about the details of the contract signed between Antrix Corporation and Devas ...
12 May, 2016, 06.54 PM IST
ISRO's Antrix to pay Rs 4,432 crore damages to Devas for unlawfully cancelling contractIn a jolt to ISRO's commercial arm, Antrix, an international tribunal has asked it to pay damages worth $ 672 million (Rs 4,432 crore).
30 Sep, 2015, 01.48 AM IST
No loss of revenue arising out of Antrix-Devas deal: GovernmentThe company had to pay Antrix a total of USD 300 million over a period of 12 years.
07 Aug, 2013, 05.21 PM IST
- Supreme Court rejects Antrix plea on Devas’ arbitration move
Once the arbitration agreement was invoked by Devas and a nominee arbitrator had also been appointed by it, it cannot be invoked a second t...
11 May, 2013, 04.39 AM IST
Antrix-Devas arbitration over spectrum deal to be held in London: Supreme CourtA bench headed by Chief Justice Altamas Kabir dismissed Antrix's plea which had contended that as per their agreement and tender conditions.
10 May, 2013, 08.18 PM IST
- Antrix moves court against Devas
Antrix has moved a local court seeking directions to restrain Devas Multi-media from proceedings with the arbitration it has filed against ...
09 Feb, 2012, 04.28 PM IST
- Antrix-Devas deal: Isro reports indict former chief Madhavan Nair
The report said Antrix-Devas deal "lacked transparency" and recommended that action needs to be taken against the 4 retired scientists.
06 Feb, 2012, 02.41 AM IST
- Antrix, Devas officials to meet over S-band spectrum: ISRO
Antrix had entered into an agreement with Devas for leasing of S-band capacity on two satellites, GSAT 6 and 6A to be launched by ISRO.
15 Jul, 2011, 10.02 PM IST
- Devas Multimedia approaches International Arbitration Court seeking restoration of its agreement for S-band spectrum with Antrix Corporation
Devas Multimedia has approached the ICA seeking the restoration of its 2005 agreement for S-band spectrum with Antrix Corporation.
12 Jul, 2011, 05.05 AM IST
- Devas moves int'l court on scrapped Antrix deal
Devas Multimedia, whose controversial deal for scarce S-band spectrum with Antrix Corporation was annulled by the government, has moved the...
11 Jul, 2011, 04.22 PM IST
- Devas moves international court to get back Antrix deal
Devas has approached the ICA seeking restoration of its contract with ISRO commercial arm Antrix which was terminated in February.
11 Jul, 2011, 02.07 AM IST
- Agreement termination notice sent to Devas: Government
The agreement provided for leasing of 90 per cent of the space segment capacity by Antrix to Devas on two satellites for 12 year.
10 Mar, 2011, 04.18 PM IST
- Awaiting spectrum from ISRO, have govt nod for business: Devas
Devas Multimedia, whose deal with Antrix for S-band spectrum has triggered a storm, today said it had all "appropriate approvals" from the ...
10 Feb, 2011, 01.30 PM IST