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 ...
17 Aug, 2022, 10.45 PM IST
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 ...
28 Jan, 2022, 12.57 PM IST
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...
23 Jan, 2022, 12.34 PM IST
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...
20 Jan, 2022, 01.48 PM IST
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...
17 Jan, 2022, 08.21 AM IST
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...
14 Jan, 2022, 06.38 AM IST
Antrix award: AAI to take legal action over Devas Multimedia seizing assets abroadShareholders of Devas Multimedia have said that they have been able to seize assets worth $30 million till date as part of the enforcement ...
04 Jan, 2022, 10.01 PM IST
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...
22 Sep, 2021, 04.49 PM IST
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...
10 Aug, 2021, 11.17 PM IST
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...
06 Aug, 2021, 08.03 AM IST
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...
15 Jul, 2021, 12.09 PM IST
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...
13 Jul, 2021, 06.41 PM IST
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...
30 Jun, 2021, 08.54 AM IST
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...
30 May, 2018, 08.05 PM IST
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...
24 Mar, 2017, 09.12 PM IST
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...
09 Oct, 2015, 07.03 PM IST
- Supreme Court rejects Antrix plea on Devas’ arbitration move
Once the arbitration agreement was invoked by Devas and a nominee arbitrator had also been appointed by it, it cannot be invoked a second t...
11 May, 2013, 04.39 AM IST