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Devas Seizes $87,457 Cash In US In Antrix Dispute

Devas Multimedia has seized USD 87,457.47 cash that ISRO's commercial arm Antrix Corporation held in the US as it looked to enforce a USD 1.2 billion compensation it had won over a cancelled satellite deal, its lawyer said on Wednesday. ....

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Canada court allows Devas shareholders to continue seizure of 50% of Air India's funds

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. ....

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Devas Case: AAI Taking Legal Recourse Against Canadian Court's Order To Seize USD 30 Million

Devas Case: AAI Taking Legal Recourse Against Canadian Court's Order To Seize USD 30 Million
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Canadian court orders to seize USD 30 million of AAI, Airport Authority of India to take legal recourse

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. ....

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No likely impact of Cairn, Devas lawsuits on AI disinvestment process: Govt

No likely impact of Cairn, Devas lawsuits on AI disinvestment process: Govt
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