Devas seizes $87k worth Antrix assets in arbitral award enforcement

The Devas shareholders are enforcing an International Chamber of Commerce arbitral award of $1.2 billion to Devas, owed by ISRO commercial arm Antrix that scrapped a satellite deal with the company in 2011, leading to a decade-long legal battle.

from Tech-Economic Times https://ift.tt/Bnof8AH