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DEVAS BY ANTRIX
Antrix-Devas case setback: Dutch SC upholds $111 million awardIn 2022, the Delhi HC set aside the ICC tribunal's $562.5 m award of 2015, ruling that the 2005-era Antrix-Devas contract was fraudulent an...- SC upholds setting aside of arbitral award in Antrix-Devas disputeA bench led by Justice Ravindra Bhatt dismissed the appeal filed by Devas Employees Fund US, LLC, which challenged the setting aside of the...
- Delhi HC upholds dismissal of arbitral award to DevasThe court noted that the Supreme Court has, while dealing with a case related to the entity, itself held that Devas was incorporated for fr...
- 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 ...
- 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’...
- 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 district court lets Devas track down Indian space agency’s commercial arm Antrix's assetsThe US District Court for the Western District of Washington ordered Antrix to furnish information, including documents showing any transfe...
- Antrix asks US court to stop DevasDevas had sought the court's assistance in obtaining information needed to enforce the award, and for it to deny Antrix's motion for a prot...
- SC dismisses Devas petition to stay liquidator’s handThe National Company Law Tribunal (NCLT) on May 25 ruled that the company had been incorporated with the singular intention of defrauding A...
- 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...
- ISRO's Antrix questions Delhi High Court jurisdictionThe Antrix contended before a bench of justices Indira Bannerjee and Sanjeev Sachdeva that the Delhi High Court has no appellate or supervi...
- CBI files chargesheet in Antrix-Devas deal, names ISRO ex-chairman G Madhavan NairAntrix had earlier been slapped with a fine of about Rs 4,400 crore by the International Arbitration Court for unilaterally terminating the...
- 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...
- Antrix moves court against DevasAntrix has moved a local court seeking directions to restrain Devas Multi-media from proceedings with the arbitration it has filed against ...
- Devas Multimedia approaches International Arbitration Court seeking restoration of its agreement for S-band spectrum with Antrix CorporationDevas Multimedia has approached the ICA seeking the restoration of its 2005 agreement for S-band spectrum with Antrix Corporation.
- Devas moves int'l court on scrapped Antrix dealDevas Multimedia, whose controversial deal for scarce S-band spectrum with Antrix Corporation was annulled by the government, has moved the...
- Devas moves international court to get back Antrix dealDevas has approached the ICA seeking restoration of its contract with ISRO commercial arm Antrix which was terminated in February.
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