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

Borrowing troubles: How small loans are quietly trapping youth

A silent crisis is playing out in the pocket of young India, not in stock markets or government treasuries, but in smartphones of college students and first-jobbers who clicked on the Apply Now button without reading the small print.  A decade ago, to take a loan, you had to do some paperwor

A 19th-century pilgrim’s progress

The Travels of a Sadhu in the Himalayas By Jaladhar Sen (Translated by Somdatta Mandal) Speaking Tiger Books, 259 pages, ₹499.00  

India faces critical shortage of skin donors amid rising burn cases

India reports nearly 70 lakh burn injury cases every year, resulting in approximately 1.4 lakh deaths annually. Experts estimate that up to 50% of these lives could be saved with adequate access to skin donations.   A significant concern is that around 70% of burn victims fall wi

Not just politics, let`s discuss policies too

Why public policy matters Most days, India`s loudest debates stop at the ballot box. We can name every major leader and recall every campaign slogan. Still, far fewer of us can explain why a widow`s pension is delayed or how a government school`s budget is actually approved. That

When algorithms decide and children die

The images have not left me, of dead and wounded children being carried in the arms of the medics and relatives to the ambulances and hospitals. On February 28, at the start of Operation Epic Fury, cruise missiles struck the Shajareh Tayyebeh school – officially named a girls’ school, in Minab,

The economics of representation: Why women in power matter

India’s democracy has grown in scale, but not quite in balance. Women today are active participants in elections, influencing outcomes in ways that were not as visible earlier. Yet their presence in legislative institutions continues to lag behind. The Nari Shakti Vandan Adhiniyam was meant to addres


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter