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HC sets aside $562.2 million arbitral award in Devas case

The Delhi high court on Monday set aside an arbitral award of over $562.2mn in favour of Devas Multimedia, over the sudden termination of its agreement with the Isro’s commercial arm Antrix, offering relief to the government. ....

Devas Multimedia , Delhi High Court , Arbitral Award , Devas Case ,

Supreme Court on Company Law - Compendium of Cases (1950-2021) - another landmark publication by Aseem Chawla

New Delhi [India], April 25 (ANI/NewsVoir): Aseem Chawla, a renowned practising tax and business lawyer, has launched his new book, Supreme Court on Company Law (Compendium of Cases) (1950-2021), published jointly by Bloomsbury and Corporate Law Adviser. ....

United Kingdom , New Delhi , Justicev Ramasubramanian , Aseem Chawla , Honble Justicev Ramasubramanian , Honble Justice Rajiv Shakdher , Insurance Companies , Apex Court , Indian Companies , Institute Of Chartered Accountants India , Person Company , Tata Consultancy Services , Member Of Bar Council India , Tax Policy Administration , Cyrus Investments Private , Estate Practitioner , Vienna University Of Economics , International Taxation , Supreme Court , Competition Commission , Judgements Of The Supreme Court , Member Of Society Trust Estate Practitioners , High Court , Corporate Law , Companies Act , Central Government ,

Supreme Court on Company Law - Compendium of Cases (1950-2021) - Another Landmark Publication by Aseem Chawla

New Delhi [India], April 20 (ANI/NewsVoir): Aseem Chawla, a renowned practicing tax & business lawyer, has launched his new book, Supreme Court on Company Law (Compendium of Cases) (1950-2021), published jointly by Bloomsbury and Corporate Law Adviser. ....

United Kingdom , New Delhi , Justicev Ramasubramanian , Aseem Chawla , Honble Justice Rajiv Shakdher , Insurance Companies , Apex Court , Indian Companies , Institute Of Chartered Accountants India , Person Company , Tata Consultancy Services , Member Of Bar Council India , Tax Policy Administration , Cyrus Investments Private , Estate Practitioner , Vienna University Of Economics , International Taxation , Supreme Court , Competition Commission , Judgements Of The Supreme Court , Member Of Society Trust Estate Practitioners , High Court , Corporate Law , Companies Act , Central Government , Devas Case ,

Devas - Antrix Case: A Scathing Indictment Of India's Poor Regulatory Governance

In sum, there are two key conclusions that one can draw from the Devas saga. First, the UPA government made a horrendous mistake of cancelling the contract without offering the correct reason. Second, the mistake of the NDA government was its botched-up litigation strategy. In both instances, it is India’s abysmal state capacity and capricious regulatory behaviour that stands exposed to the international community at large, writes Prabhash Ranjan. ....

United States , Indian Space Research Organisation , Dutch Court , National Democratic Alliance , Deutsche Telekom , International Chambers Of Commerce , National Company Law Appellate Tribunal , United Progressive Alliance , Supreme Court , Devas Multimedia , International Chambers , India Germany , Devas Case , Zupa Government , Nda Government ,

The Devas case is not as black and white as the government claims

If a company can be wound up on fraud charges that are established on most specious grounds, as we saw the Tribunal do, without these being tried and established in a criminal court, and the highest court of the land upholds such a proposition and treats international arbitral awards as inconsequential, the damage that is done to India’s reputation as a safe place in which to do business would take a serious knock ....

Devas Case , Modi Government , Nirmala Sitharaman , Corruption Charges , Supreme Court , Zupa Government , Antrix Corporation , Devas Multimedia Private Limited ,