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India Business News: NEW DELHI: The National Company Law Tribunal (NCLT) has ordered the liquidation and winding up of Bengaluru-based startup Devas Multimedia Pvt Ltd whi. ....
NCLT directs liquidation of Devas Multimedia, accepts petition by ISRO s Antrix Corp Devas Multimedia: NCLT directs liquidation, accepts petition by ISRO s Antrix Corp The National Company Law Tribunal (NCLT) has directed to initiate the liquidation process of Devas Multimedia by allowing the petition filed by Antrix Corporation, a commercial arm of the Indian Space Research Organisation. The Bengaluru bench of the NCLT has said Devas Multimedia was incorporated with a fraudulent motive to collude and connive with the then officials of Antrix Corporation to get bandwidth from it by entering into an agreement in 2005, which was subsequently cancelled by the government. ....
The Bengaluru bench of the NCLT has said Devas Multimedia was incorporated with a fraudulent motive to collude and connive with the then officials of Antrix Corporation ....
NCLT Orders Winding Up Of Devas Multimedia On ISRO-Arm Antrix Plea livelaw.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livelaw.in Daily Mail and Mail on Sunday newspapers.