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RSS Feeds9-year-old legal war hots up: Government authorises Antrix to file winding up plea against Devas in tribunal
(WorldNews India)

 
 

18 january 2021 23:32:35

 
9-year-old legal war hots up: Government authorises Antrix to file winding up plea against Devas in tribunal
(WorldNews India)
 


NEW DELHI: The nearly-decade-long Antrix-Devas war is hotting up. The Central government, in an , on Monday authorised `s (Isro`s) commercial wing Antrix Corporation and its CMD to file a winding up petition in the national company law tribunal (NCLT) against Devas Multimedia Pvt Ltd. The Centre`s move came in the wake of a awarding the Bengaluru-based startup $1.2 billion compensation in the 2005 satellite deal cancellation case and the later staying the US court order. A notification in the official gazette issued on Monday...


 
74 viewsCategory: General > Asia > India
 
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