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Canada Court Allows Devas Shareholders To Continue Seizure of 50% Of Air India s Funds

The court also granted relief to the Airports Authority of India, freeing up its funds that were seized by the Devas Multimedia shareholders.

United statesNew delhiThomass zillyAirports authority of indiaAir indiaIndian space research organisationInternational air transportation associationAntrix corporationArbitration of the international chamberDevas multimedia corporationDevas multimediaAirports authorityInternational chamberWestern districtAir india devasAirports authority of india aai

Devas shareholders can seize 50% of Air India funds held by IATA: Quebec court

There was some relief for the Airports Authority of India (AAI) on its appeal against the seizure of its assets as the court stayed the seizure of AAI assets.

Michela pinsonnaultParty garnisheeAirports authority of indiaAir indiaIndia ltdSecond seizure the limited scopeInternational air transport associationAirport authority of indiaJudge michelSuperior courtMis en cause air indiaThird party garnisheeSecond seizureAirports authorityState immunityState immunity act

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