Page 11 - Devas Multimedia News Today

A French court has ordered the freezing of Indian government property in Paris on a plea by Devas shareholders who are seeking to enforce a $1.3 billion arbitration award over a cancelled satellite contract, according to the court order copy. The court allowed Devas shareholders to register a "Hypotheque Judiciaire" or a judicial mortgage on a Paris apartment in the posh 16th

"India has assets like this all over the world. This is just the beginning. We're planning many more seizures," said Jay Newman, senior adviser to Devas Shareholders.

Devas Multimedia secures court orders to seize AAI, Air India assets in Canada: report

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

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

There was some relief for the Airports Authority of India (AAI) on its appeal against the seizure of its assets as the court stayed the seizure of AAI assets.

A Canadian court has allowed Devas Multimedia shareholders to continue to seize 50 per cent of Air India's funds that have been held by global airlines body IATA. The court also granted relief to the Airports Authority of India (AAI), freeing its funds that were seized by the Devas Multimedia shareholders.

A law court in Montreal district of Canada has allowed three Mauritius-based investors of Devas Multimedia Pvt Ltd,

Does the last day of 2021 portend what is in store for 2022? If yes, we are in for tougher times. On 31st December, I had tweeted how chartered accountants (CA), as a community, had erupted in anger over the dysfunctional income-tax (I-T) portal on the last day for filing returns.

A law court in Montreal district of Canada has allowed three Mauritius-based investors of Devas Multimedia Pvt Ltd,