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DEVAS MULTIMEDIA CORPORATION
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 ...
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’...
No likely impact of Cairn and Devas lawsuits on its Air India's disinvestment process: Govt"Cairn Energy and Devas Multimedia have filed lawsuits in the United States District Court for Southern District of New York seeking declar...
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...
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...
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...
Sanction to prosecute ex-ISRO chairman received: CBI to courtSpecial Judge Virender Kumar Goyal took CBI's submission on record after it was told that the agency has received the sanction to prosecute...
Antrix-Devas deal: ED attaches assets over Rs 79 croreThe ED said, the attached assets of Devas Multimedia Private Limited, Bengaluru, are in the "form of upfront capacity reservation fee avail...
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...
Ex-chief of ISRO, G Madhavan Nair questioned by CBI for second dayG Madhavan Nair was questioned by the CBI for the second consecutive day today in connection with a case registered by the agency for alleg...
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 ...
Plea in Delhi High Court on Devas-Antrix tribunal award adjournedThe matter was deferred to October 9 as Justice J R Midha before whom the matter was listed for hearing did not hold the court today.
- MCA initiates investigation into books of Devas Multimedia
MCA has initiated an investigation into the books of Devas Multimedia, embroiled in the S-band spectrum deal with ISRO's commercial arm Ant...
- 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...
- Awaiting formal communication on deal with Antrix: Devas
Devas Multimedia, whose contract with Antrix Corporation was cancelled by the government on Thursday, said it was still awaiting a formal c...