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Devas-Antrix case
DEVAS-ANTRIX CASE NEWS
India asks US Supreme Court to respect comity of nations in Antrix-Devas dispute over failed satellite deal
March 04, 2025 10:27 pm
When the oral arguments in the dispute over the $1.2 billion arbitration award were allowed by the US Supreme Court, the counsel for Antrix Corporation argued that the case ‘serves as an irritant to the Indian government’.
Devas-Antrix failed satellite deal: Bengaluru startup investors move US Supreme Court against order favouring ISRO's commercial arm
May 27, 2024 8:53 pm
The US Court of Appeals had refused a re-hearing into its August 2023 order not allowing the foreign investors in Devas to to pursue a $1.2 billion compensation.
Court in The Hague rejects Indian govt plea against $111-million award to Devas investors
November 05, 2023 9:32 am
The district court, in an October 25 order, rejected the government's plea to consider the Supreme Court order as fresh evidence of wrongdoing by Devas Multimedia in the process of securing the 2005 satellite deal with Antrix Corp.
Legal battle over Devas-Antrix deal reaches Mauritius shores
May 31, 2023 5:16 am
The move by Mauritius authorities to take control of the three Mauritius firms that invested in Devas is part of a protracted legal battle between Indian authorities and the Devas Multimedia investors.
Antrix-Devas deal: Delhi HC upholds order setting aside 2015 arbitral award
March 18, 2023 10:07 am
The bench said that the SC is the final court and once it lays down a law, it is “binding on all courts, Tribunals, on the Legislature and the Executive”.
Devas-Antrix deal: ED seeks to declare Devas Multimedia CEO fugitive economic offender in PMLA case
June 30, 2022 2:24 pm
The special court is yet to take up the application filed by the ED earlier this month for declaring the Devas Multimedia CEO an economic offender. It had in April 2022 ordered the splitting up of the charge sheet against Viswanathan and nine others on account of the Dewas Multimedia CEO not responding to court summons.
Devas-Antrix: US court refuses plea by investors to find ISRO assets
May 24, 2022 9:53 am
The court allowed the Mauritius investors to access — on the basis of court orders — documents pertaining to commercial transactions between a US space launch services provider, Spaceflight Inc, and ISRO's Antrix Corporation.
Devas-Antrix deal: AAI says will take action against seizure of assets
January 05, 2022 12:26 am
The Montreal court ordered the seizure of the AAI funds after preliminarily identifying it as an alter ego of the Government of India, which owns ISRO and Antrix.
Arbitration award: US court issues temporary restraint, bars Devas-Antrix settlement deal
March 02, 2021 8:31 am
The US court has adjourned a plea by Devas Multimedia America, Inc. a subsidiary of Devas Multimedia, to replace the latter in the compensation award case.
US court lifts stay on Devas plea for compensation for cancelling deal
September 21, 2020 2:15 am
Devas was started by a group of former ISRO and World Space employees in 2004. The foundation for the deal was laid during a 2003 visit to the US by ISRO and government officials.
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