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Govt asks Antrix to file petition to wind up Devas Multimedia


Govt asks Antrix to file petition to wind up Devas Multimedia
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Last Updated: Jan 18, 2021, 08:16 PM IST
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The Ministry of Corporate Affairs has cited a rule in the Companies Act, 1956 that allows a petitioner to file for the winding up of a company if it has, in the petitioner’s opinion, been formed for “fraudulent and unlawful purposes”.
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BENGALURU: The government has directed Antrix Corporation, the commercial arm of India s space agency, to file a petition to wind up Devas Multimedia, a Bengaluru-based firm that has filed lawsuits seeking hundreds of millions of dollars in compensation from it over a cancelled satellite deal. ....

United States , Rakesh Sasibushan , Ajay Prasad , Telecom Ventures , Vantrix Corp , Deutsche Telekom , Kocchar Co , Ministry Of Corporate Affairs , India Supreme Court , National Company Law Tribunal , Antrix Corporation , Devas Multimedia , Corporate Affairs , Companies Act , Columbia Capital , Supreme Court , Money Laundering Act , Space Agency , ஒன்றுபட்டது மாநிலங்களில் , அஜய பிரசாத் , தொலை தொடர்பு முயற்சிகள் , ஆன்ட்ரிக்ஸ் கார்ப் , டாய்ச் டெலிகாம் , அமைச்சகம் ஆஃப் பெருநிறுவன வாழ்க்கைத்தொழில்கள் , இந்தியா உச்ச நீதிமன்றம் , தேசிய நிறுவனம் சட்டம் தீர்ப்பாயம் ,

Five things to watch January 15


Five things to watch January 15
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Five things to watch January 15: Cheshire awards £4.5m contract to Airband, SatADSL Telespazio Brazil form connectivity partnership, and Amagi picks GTT to support its cloud managed broadcast services
15 January 2021 | Natalie Bannerman
Capacity shares 5 key stories from around the world making headlines today!
Cheshire awards £4.5m contract to Airband
Cheshire Council has awarded connectivity provider Airband a £4.5 million contract to deliver full-fibre broadband to over 4,000 properties across rural or hard-to-reach areas of Cheshire. 
“We are excited to have won this contract. Our focus has always been on expanding and simplifying digital access for rural communities,” said Redmond Peel, founder and director of Airband. ....

Andhra Pradesh , United States , City Of , United Kingdom , Tamil Nadu , Bryan Perera , Marzio Laurenti , Guillermo Bosch , Nadine Foulon Belkac , Natalie Bannerman , Nick Mannion , Telespazio Brasil , Amajit Gupta , Cheshire Council , Lightstorm Telecom Ventures , Cheshire East Council , Orange Business Services , Redmond Peel , Cheshire East , Councillor Nick Mannion , Telespazio Brazil , Delivery Platform , South America , Business Services , Orange Business , Telecom Ventures ,