The Delhi High Court firmly denied the granting of a $562.2 million (€562.2m) arbitration award – plus damages and interest – to Devas Multimedia. The Court, ruling on August 29th, said the claim suffered from “patent illegalities and fraud”. Most importantly, the Court said the award was in conflict with the public policy of India. […]
Devas Multimedia has been awarded a tiny – but perhaps morally valuable – pay-out from an old obligation and legal actions. Devas says it has “seized” $87,457.47 due to it from Intelsat. Devas has been fighting in assorted courts to access cash awarded to it by numerous courts in its extremely long-running action against India’s […]
Devas Multimedia won a $1.2 billion (€1.17bn) arbitration award in 2015, confirmed by a US Federal Court back in October 2020. The award was compensation for alleged illegal activity at India’s Antrix which was the commercial arm of India’s State Research Organisation (ISRO). The US District Court in Washington, on July 13th, insisted that the […]
The ongoing legal process between Devas Multimedia and India’s State Research Organisation (ISRO) has suffered something of a set-back in a Canadian court. Devas Multimedia has won numerous actions against ISRO and its commercial arm Antrix in its claim for $1.2 billion already awarded by the International Chamber of Commerce (ICC) and confirmed by the […]
The long-running suite of legal problems that surround the 2005 failed deal between India’s Space Research Organisation (ISRO) and its Antrix commercial arm show no sign of abating. Devas Multimedia, which signed a capacity deal with ISRO’s Antrix division, and despite having allegations of fraud set against Devas and certain ISRO employees, has now issued […]
The long-running and hugely expensive legal action between Devas Multimedia and the Antrix commercial arm of the Indian State Research Organisation (ISRO) has seen a ruling from India’s Supreme Court. The Court threw out the case brought by Devas. The Court’s ruling said: “We find all the grounds of attack to the concurrent orders of […]
Devas Multimedia, in its very long-running dispute with India’s Space Research Organisation (ISRO) and its commercial arm Antrix, has won approval on January 3rd to target assets held in Virginia and to enforce a previous arbitration award. ISRO was described in court as attempting a “brazen” plot hatched at its HQ in New Delhi to […]
Dataxis has published its latest report on the Fixed Satellite Services (FSS) civil communications market. After years of significant growth, the decline in traditional video activity in the most developed countries is being sustained, resulting in a limited but steady decline in the turnover of FSS operators. The outlook for the future is equally becoming […]
The very long-running dispute between India’s ISRO Antrix commercial division and a (then) satellite agreement with Devas Multimedia, commenced in 2005, continues to very slowly process through various courts and administrations. In essence, Devas has been awarded $1.2 billion, plus interest, in compensation by an international tribunal. The latest chapter saw Antrix saying in a […]
The long-running $1.8 billion legal dispute between Devas Multimedia and Antrix, the commercial arm of India’s Space Research Organisation (ISRO), received a major boost for Devas investors from a US federal court. In an August 16th order, the US federal court in Washington DC, granted permission to a group of Devas investors (CC/Devas Mauritius, Telcom […]