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Antrix v Devas: Supreme Court upholds setting aside of ICC order that directed Antrix to pay $560 million

October 28, 2023

The Court refused to interfere with a Delhi High Court order which set aside the arbitral award in favour of Devas.

Supreme Court Supreme Court Of India Cases Supreme Court News Indian Legal News Court News Updates Justices Ravindra Bhat

Source: barandbench.com

Devas-Antrix deal was cancelled to protect 'highest echelons' of UPA II govt: Former ISRO chairman Madhavan Nair | Bangalore News

September 17, 2023

In his autobiography, Madhavan Nair recalls a meeting with then prime minister Manmohan Singh after allegations of corruption in the 2005 Devas-Antrix satellite deal cropped up.

Pratyush Sinha Manmohan Singh Space Commission Department Of Space Devas Multimedia Auditor General

Source: indianexpress.com

Government To Oppose International Award To Devas, Says Finance Minister

January 18, 2022

Government will oppose the international award given to Devas Multimedia Limited after the Supreme Court upheld NCLAT's order to wind up the company

Nirmala Sitharaman Narendra Modi Supreme Court Government To Oppose International Award Devas Indian Space Research Organisation Devas Multimedia

Source: ndtv.com

Canada Court Allows Devas Shareholders To Continue Seizure of 50% Of Air India's Funds

January 10, 2022

The court also granted relief to the Airports Authority of India, freeing up its funds that were seized by the Devas Multimedia shareholders.

United States New Delhi Thomass Zilly Airports Authority Of India Air India Indian Space Research Organisation

Source: thewire.in

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