Devas Antrix Case: Delhi High Court Sets Aside 15000 Cr Arbitration Award | English News

As per the major update coming in from the national capital, Delhi, concerning the 'Devas Antrix Deal case' where the Delhi High Court has set aside 15000 Crores Arbitration Award in favor of Devas over the sudden termination of the agreement by the Indian Space Research Organization (ISRO) commercial arm antrix. This can be counted as a significant victory for the government as the High Court has finally overturned a judgment by the International Chamber of Commerce ordering the Antrix commercial arm of ISRO to pay Devas Multimedia Private Limited over Rs 15,000 crore in damages and interest. Keep watching Mirror Now for more. #isro #antrix #devas