A Canadian court has allowed Devas Multimedia shareholders to continue to seize 50 per cent of Air India's funds that have been held by global airlines body IATA. The court also granted relief to the Airports Authority of India (AAI), freeing its funds that were seized by the Devas Multimedia shareholders.
Devas Case: AAI Taking Legal Recourse Against Canadian Court s Order To Seize USD 30 Million swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
Devas Multimedia said an amount of over USD 30 million, which was held by global airlines body IATA on behalf of the AAI, has been seized by shareholders following a Canadian court order.
No likely impact of Cairn, Devas lawsuits on AI disinvestment process: Govt business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.