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DEVAS ARBITRATION AWARD
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...
- 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 ...
- Air India seeks to settle a $1.2 bn lawsuit in America citing new ownerAir India’s filing in a U.S. court came on Thursday, the same day a new management took over, ending years of taxpayer-funded bailouts for ...
- Devas shareholders to continue seizing Indian assets abroad"The decision by the Supreme Court does not change anything. The Modi government and the Indian courts cannot rewrite the facts. Their flim...
- 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...
- Before talking to Paris, India awaits French court's Devas orderA French court has granted a plea by the shareholders of Devas Multimedia claiming rights over the apartment in a bid to enforce a $1.3 bil...
- French court orders freezing of Indian property on Devas' pleaThe court awarded the lien - a legal right over assets to cover debts - on September 25, 2021, according to a copy of the court order revie...
- 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...
- 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...
- Adviser to Devas shareholders welcomes move“The reports of the legislation, if true, are an encouraging sign that India intends to reverse course in its shabby treatment of investors...
- Devas' investors can join effort to enforce arbitral award : UK JudgeJudge David Waksman of the High Court of Justice on Friday concluded that the application by Devas (Mauritius) Ltd and other investors in t...
- 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...
- Devas seeks to seize Air India US assets to enforce Antrix arbitration awardThe litigation filed by Devas Multimedia in a US court stems from the cancellation of a satellite deal with ISRO’s Antrix Corp. in 2011 tha...
- 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...
- 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...
- Devas interim plea to secure arbitral award not maintainableDevas Multimedia's interim plea for attaching bank accounts of ISRO's commercial arm - Antrix Corporation to secure damages worth $672 mill...
- Supreme Court rejects Antrix plea on Devas’ arbitration moveOnce the arbitration agreement was invoked by Devas and a nominee arbitrator had also been appointed by it, it cannot be invoked a second t...
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