The US Court of Appeals for the Ninth Circuit ruled on August 1 that Antrix Corporation, ISRO’s commercial arm, enjoyed immunity under the Foreign Sovereign Immunities Act.
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.
Mauritius Satellite Investors Say India Might Skirt $111M Award law360.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from law360.com Daily Mail and Mail on Sunday newspapers.