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Canadian Court Allows Devas Investors Seize Funds Collected by IATA from AAI and Air India: Reports

Published: January 6, 2022

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

Source: moneylife.in

Devas case: Quebec court's order likely to be overturned, say legal experts

Published: January 4, 2022

While questioning the Quebec court’s order for seizure of AAI and Air India’s funds, legal experts advise the government to develop future domestic policy only after thoroughly reviewing the implications of various international agreements.

Source: businesstoday.in

Devas investors win Canada suit to seize AAI and Air India funds

Published: January 3, 2022

Three Mauritius-based entities, which have partnered with state-owned Antrix Corp to offer wireless broadband services in India, won orders from a Canadian court to seize amounts collected by the IATA on behalf of the AAI and Air India, court documents showed

Source: livemint.com

Investors Move To Seize India's US Assets In $1.3B Fight

Published: November 20, 2021

Investors in a satellite communications company have urged a federal judge to issue an order allowing them to register a $1.29 billion award enforcement nationwide, so they can begin seizing the U.S. assets of India's state-owned space corporation.

Source: law360.com