The Supreme Court on Wednesday stayed the execution of an arbitral award that required the Indian Space Research Organisation’s commercial arm, Antrix Corporation, to pay compensation of about $1.2 billion to a Bengaluru-based startup, Devas Multimedia Private Limited, over cancelling of a 2005 agreement
source https://www.hindustantimes.com/india-news/dvas-antrix-case-supreme-court-stay-on-us-court-order-of-1-2-billion-payoff/story-AwWmazryAt6NDwkGFQ0ErN.html
No comments:
Post a Comment