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Cairn Energy : After Cairn, Devas sues Air India to recover $1 5 billion award

Cairn Energy : After Cairn, Devas sues Air India to recover $1 5 billion award
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

After Cairn, Devas sues Air India to recover $1 5 billion award

After Cairn, Devas sues Air India to recover $1 5 billion award
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Antrix deal: NCLT orders winding up of Devas for indulging in fraudulent activities

Devas Multimedia: NCLT directs liquidation, accepts petition by ISRO s Antrix Corp

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.

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