Antrix-Devas deal: Delhi High Court upholds single-judge order setting aside ICC arbitral award against Antrix

A division bench of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad dismissed the appeal filed by Devas Employees Mauritius Private Limited against the single-judge order.
Delhi High Court
Delhi High Court

A division bench of the Delhi High Court on Friday upheld a single-judge order setting aside the arbitral award which had directed Antrix Corporation Limited (commercial arm of ISRO) to pay damages of over US$ 560 million along with interest to Devas Multimedia Private Limited.

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