Delhi HC refuses to stay arbitration invoked by Khaitan Holding against Centre over cancellation of 2G Licences in 2012

Delhi HC refuses to stay arbitration invoked by Khaitan Holding against Centre over cancellation of 2G Licences in 2012

The Delhi High Court yesterday refused to grant an ad-interim stay on the arbitral proceedings commenced by Khaitan Holdings (Mauritius) Ltd against the Union of India, seeking compensation for the cancellation of its Unified Access Services Licences in 2012.

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