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DEVAS MULTIMEDIA
As Devas-Antrix case plays out in courts, India mounts defenceIndia is engaged in intense legal and diplomatic battles across Canada, the UK, and France following an unfavorable ruling in the Devas-Ant...- Delhi High Court sets aside arbitral award in favour of DevasIn September 2015, Devas had won a $562-m award from the International Chamber of Commerce arbitration which said Antrix had wrongfully scr...
- Devas seizes $87k worth Antrix assets in arbitral award enforcementThe Devas shareholders are enforcing an International Chamber of Commerce arbitral award of $1.2 billion to Devas, owed by ISRO commercial ...
- Devas Multimedia-Antrix deal: A timeline of ongoing tussleET charts the Devas Multimedia saga, which got caught in the political battle of the 2G telecom crisis, to the country facing the challenge...
- 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), ...
- Canada court allows Devas shareholders to continue seizure of 50% of Air India's fundsEarlier this month, the court had ordered seizure of funds of Air India and the Airports Authority of India (AAI), which have been held by ...
- Antrix award: AAI to take legal action over Devas Multimedia seizing assets abroadShareholders of Devas Multimedia have said that they have been able to seize assets worth $30 million till date as part of the enforcement ...
- 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’...
- 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...
- NCLAT asks Devas Multimedia shareholder to approach NCLTOn January 19, the Bengaluru bench of the National Company Law Tribunal (NCLT) had admitted the petition by Antrix Corporation, the commerc...
- NCLT admits Antrix Corporation's winding up plea for Devas Multimedia, appoints liquidatorThe tribunal has also directed the existing management of Devas Multimedia to extend full cooperation to the provisional liquidator appoint...
- Govt asks Antrix to file petition to wind up Devas MultimediaThe Ministry of Corporate Affairs has cited a rule in the Companies Act, 1956 that allows a petitioner to file for the winding up of a comp...
- Antrix-Devas case: Court summons Devas Multimedia ex-directorThe court passed the order after it was told that the summons issued earlier could not be served to Muthgadahali Gangarudaraiah Chandrasekh...
- CBI has a month to get sanction to prosecute ex Department of Space officialThe CBI had filed an FIR against Nair and others accusing them of facilitating "wrongful" gain of Rs 578 crore to private multi-media compa...
- Court gives CBI 3 months to get sanction to prosecute ex-ISRO officialsIt was alleged in the FIR that the lease was given in violation of rules causing undue gain of Rs 578 crore to Devas Multimedia and corresp...
- Devas Multimedia falsely claimed to have IPR of hybrid technology: CBI, CBI has claimed that the deal was bagged on the basis of false claims that Devas has Intellectual Property Rights to use a hybrid technol...
- 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 ...
- Devas lobbies with US lawmakers for India dealDevas Multimedia has been lobbying here to push forward its case before the US President and other lawmakers and has paid USD 140,000 so fa...
- MCA initiates investigation into books of Devas MultimediaMCA has initiated an investigation into the books of Devas Multimedia, embroiled in the S-band spectrum deal with ISRO's commercial arm Ant...
- Awaiting formal communication on deal with Antrix: DevasDevas Multimedia, whose contract with Antrix Corporation was cancelled by the government on Thursday, said it was still awaiting a formal c...
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