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DEVAS MULTIMEDIA CASE
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...
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), ...
Devas investors seek US court's help to track Antrix assetsThis is an effort to enforce a $1.3 billion arbitral award that the court had upheld last year.
Devas investors urge US court to deny India’s bid to stall arbitration awardThe investors, which include Devas (Mauritius) Ltd, Devas Employees Mauritius Pvt. Ltd. and Telecom Devas Ltd, argued that the motion to di...
Indian govt must pay all its debts: Devas Multimedia says it will pursue enforcement of its $1.3 bn arbitral awardShareholders of Devas are currently pursuing cases in multiple global courts, including those in the US and the UK, to force India to pay t...
US court refuses to stay suit in $1.2 billion Devas arbitration awardJudge Thomas S. Zilly of the United States District Court for the Western District of Washington said the motion lacked merit and was inten...
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...
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...
Antrix-Devas deal: Court to take cognisance of charge sheetThe agency had on August 11 last year filed a charge sheet against the accused, alleging they had caused a loss of Rs 578 crore to the exch...
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 ...
CBI examines former ISRO chief K Radhakrishnan in Antrix dealRadhakrishnan has been examined by CBI in connection with the agency's probe into alleged irregularities in an agreement between private mu...
- Devas lobbies with US lawmakers for India deal
Devas 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...