A few days after the Supreme Court ordered the envy of Bengaluru’s multimedia startup, the company’s promoter, which has fought a legal case against the ISRO commercial anthrix Arm, “ready for negotiations” with the Indian government but will continue their fight for the confiscation of Indian state assets abroad To find compensation for the canceled satellite agreement, said a god spokesman.
Reacting to January 10 The court did not change anything.
The Modi government and Indian courts cannot rewrite facts.
Their thin fraud charges will never stand in court outside India.
“However, he said,” A better approach to the Modi government will return to the negotiation table, and continue the conversation.
“The International Arbitration Court has compensated $ 1.2 billion for satellite agreements that canceled with Antrix and on the basis of awards These, the Company has been seeking foreclosures of Indian government assets abroad by pursuing legal cases in Canada, France and the US.
DEWA shareholders have been permitted by the Canadian court in Quebec Province to seize 50% of Indian water funds, estimated at around $ 23 million, lying with The Global Airlines IATA and have received the French trial order to freeze a luxury apartment in Paris which is home.
Deputy Deputy of Indian mission and worth € 3.8 million.
“We have entered liens or obtained seizures and insects on tens of millions of dollars in Indian state assets .
We will continue to identify and seize state assets wherever we find it until India returns with good faith to the negotiating table, “said a God spokesman They are looking for compensation from India, a spokesman for the company said, “Cairn case has nothing to do with Dex.
Cairn drops their challenges as part of their settlement with the government.
Devas shareholders will continue to enforce the arbitration assessment until they are paid.
“The day after the Supreme Court’s decision, Minister of Finance Nirmala Sitharaman said the government would use the Supreme Court’s command to fight the investor’s devas efforts to seize Indian assets abroad so that” fraud will not fight until the last for “save taxpayers”.
While writing judgment on Dex and its investors, the Supreme Court Judge Ramasubramanian, “We do not know whether the action of Antrix in finding Olding Up Deva can send the wrong message to the investor community.
But it allows gods and shareholders to reap the benefits of their fraudulent actions, maybe send it Another wrong message is by adopting fraud facilities and by bringing to India investments in the number of RS 579 Crore, investors can expect to get tens of thousands of crores rupees, even after sucking RS 488 Crore.
“According to the January 2005 agreement, Antrix has agreed to build, Launch, and operate two satellites – GSAT-6 and GSAT-6A – and rents 90% of the capacity of satellite transponders to Dexa, which has planned to use it to offer hybrid satellites and terrestrial communication services throughout India.
However, the government had to cancel the agreement in 2011 when discovering allegations of manipulation in the agreement.
END