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DEVAS ANTRIX 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...- 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...
- Big win for Antrix as US court reverses $1.3 billion damages orderAn American court has ruled in favour of India's space agency, Antrix, in a long-running legal battle with Devas Multimedia and its foreign...
- Dutch court junks Devas Multimedia plea in relief for AntrixIn a big relief for Isro’s commercial arm Antrix against its legal fight against Bengalurubased Devas Multimedia, a court in the Netherland...
- Congress should explain its role in Devas-Antrix deal, says FM Nirmala Sitharaman citing SC order"This kind of selling of primary endowments like wavelengths, satellites or spectrum band, giving it away to private parties and making mon...
- 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 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...
- 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...
- Bengaluru court has jurisdiction to hear Antrix-Devas dispute: HCThe single judge had said that though the City Civil Court in Bangalore may have the territorial and pecuniary jurisdiction, it cannot gran...
- 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...
- 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...
- Former ISRO chief Madhavan Nair chargesheeted in Antrix-Devas dealThe Antrix-Devas deal had led to the early exit of G Madhavan Nair from the chairmanship of ISRO. He was the chairman of the governing coun...
- Antrix-Devas deal: ED to attach assets of accused under PMLAThe attachment of assets under anti-money laundering laws is aimed at depriving the accused from obtaining benefits of their ill-gotten wea...
- 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...
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