Antrix moves court against Devas

Antrix curbed to proceed in case filed at an intl court

PTI | February 9, 2012



Antrix, the commercial arm of ISRO has moved a local court seeking directions to restrain Devas Multi-media from proceedings with the arbitration it has filed against it in an international court in Paris on cancellation of agreement on S band spectrum allocation.

Antrix, which cancelled its agreement with Devas, filed the petition before the Additional City Civil and Session Court, seeking an interim injunction against Devas.

Judge D B Patil, after hearing counsels for Antrix, posted the matter for February 25 for further arguments.

The suit is to restrain Devas from proceeding with the arbitration at International Court of Arbitration in Paris.

Devas has approached the ICC tribunal challenging the cancellation of agreement by Antrix with it on S band spectrum allocation.

The Government after cancelling the Antrix-Devas deal for reasons of national security also debarred four ISRO scientists, including its former chairman G Madhavan Nair from holding any government posts for acts of commission in the deal.

Nair and others have questioned the government decision.

Comments

 

Other News

Testing the teachers, moving the goalposts

A teacher was appointed in 1999, before the Right to Education (RTE) Act came into force, and appointed under the rules that existed at that time. She gave the necessary test, passed it, passed the interview, and was appointed. Over the next 26 years, she taught thousands of children, faced transfer orde

`Focus on infra, reforms, digital connectivity has created strong foundation for growth`

In a step towards the operationalisation of the Bharat Audyogik Vikas Yojana (BHAVYA), union minister of commerce & industry Piyush Goyal launched the BHAVYA Portal on Monday in New Delhi.   Addressing the gathering, Goyal said that the BHAVYA scheme will adopt a competit

Govt, RBI announce major reforms to attract FPI

The finance ministry on Friday announced a series of measures aimed at enhancing the ease of investment for individual Persons Resident Outside India (PROIs) and Foreign Portfolio Investors (FPIs), and to attract stable long-term foreign capital flows.   Building on the recent in

Lessons in climate adaption from world’s largest inhabited river island

Majuli Island, perched between the Brahmaputra River to the south and east, the Subansiri River to the west, and a branch of the Brahmaputra to the north, has been severely affected by recurrent flooding and intense riverbank erosion. Despite its global importance in acquiring UNESCO tentative status for

Careless whispers and the impossible trinity

Time can never mend, the careless whispers of …    As the RBI marches ahead, for the upcoming monetary policy meeting this June, whispers from the corridors echo around several policy options to defend the rupee – by deploying forex reserves, raising in

Bullet Train Project: Third mountain tunnel breakthrough achieved

A major engineering milestone has been achieved in the Mumbai–Ahmedabad Bullet Train Project with the successful breakthrough of the third mountain tunnel (MT-07) at Ambesari village in Dahanu Taluka of Palghar district, Maharashtra.   With this achievement, three mountain





Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter