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DEVAS ARBITRATION 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...- 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...
- 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 ...
- View: Antrix-Devas judgment and arbitration antics limitedAntrix was to lease 90% of the transponder capacity to Devas, which would offer nationwide hybrid satellite and terrestrial communication s...
- 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...
- 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...
- 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...
- With Cairn getting hold of India's overseas assets, govt's problems may've only just begunDevas Multimedia, a company which is seeking over $1.2 billion it had won in a similar award against the government, and the Indian governm...
- Devas joins Cairn Energy in trying to seize Air India’s overseas assetsThe move may threaten India’s much-delayed plans to sell the indebted loss-making carrier and risks denting India’s image as an investment ...
- 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...
- Deutsche Telekom petitions US court to enforce $1.2 billion arbitration award against AntrixThe telecom company has argued that India had never challenged the final award by Geneva-based ICC and the deadline for it to do so under S...
- 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...
- Antrix-Devas deal: India loses arbitration in HaguePCA agreed that the Indian Government expropriated investments of Devas’ foreign shareholders and acted unfairly and inequitably.
- Antrix, Devas officials to meet over S-band spectrum: ISROAntrix had entered into an agreement with Devas for leasing of S-band capacity on two satellites, GSAT 6 and 6A to be launched by ISRO.
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