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The Devas Agreement

January 28, 2005. The original, signed and fully executed text of the agreement between Devas and Antrix/ISRO that the Government of India illegally terminated in 2011.

ICC Award: Devas Multimedia Private Ltd. v. Antrix Corporation

September 14, 2015. The final arbitration decision in favor of Devas reached by the International Chamber of Commerce (ICC), with an award of $562.5 million in damages to be paid to Devas by Antrix for wrongfully and illegally terminating the Devas Agreement.

Witness Statement by Ramachandran Viswanathan to the UNCITRAL tribunal (The Hague)

June 29, 2013. The witness statement by Devas CEO and co-founder Ramachandran Viswanathan before a tribunal organized under the Arbitration Rules of the U.N. Commission on International Trade Law (“UNCITRAL”) seated at the Permanent Court of Arbitration in The Hague, hearing the arbitration case brought by Mauritian shareholders of Devas against India, for violation of the India/Mauritius BIT.

UNCITRAL Award on Jurisdiction and Merits: CC/Devas (Mauritius) et al v. Republic of India

July 15, 2016. The judgment of a tribunal organized under the Arbitration Rules of the U.N. Commission on International Trade Law (“UNCITRAL”) seated at the Permanent Court of Arbitration in The Hague, as per the arbitration process set forth in the India/Mauritius BIT, which sided with three Devas investor groups incorporated in Mauritius. The tribunal found that the Government of India violated the India/Mauritius BIT when it illegally expropriated their investments in Devas and failed to provide fair and equitable treatment to them when it unlawfully terminated the Devas Agreement. 

UNCITRAL Award on Quantum (BIT Award): CC/Devas (Mauritius) et al v. Republic of India

October 13, 2020. The quantum award (known as the BIT Award) of $111 million ordered to be paid by the Government of India to three Mauritian investor groups after the UNCITRAL Award on Jurisdiction and Merits as damages for the Government of India’s illegal violations of the India/Mauritius BIT when it illegally expropriated and failed to provide fair and equitable treatment to investments in Devas by terminating the Devas Agreement.

UNCITRAL Interim Award: Deutsche Telekom v. Republic of India

December 13, 2017.  The interim award issued by a tribunal organized under the Arbitration Rules of the U.N. Commission on International Trade Law (“UNCITRAL”) seated at Geneva in favor of Deutsche Telekom, an investor in Devas, concluding that the Government of India violated the India/Germany BIT when it expropriated and failed to provide fair and equitable treatment to Deutsche Telekom’s investments in Devas by terminating the Devas Agreement.

U.S. Court Order Confirming ICC Award:  Devas Multimedia Private Ltd. v. Antrix Corp. Ltd.

October 27, 2020.  Order and opinion of the U.S. District Court for the Western District of Washington confirming the ICC Award against Antrix.  The district court rejected Antrix’s arguments that the court lacked jurisdiction under the Foreign Sovereign Immunities Act.  The district court also rejected Antrix’s defenses to confirmation, finding that the arbitrators had been validly appointed and that confirmation of an award against a sovereign would not offend public policy.

Government of India Letter on its “War Footing” Proceedings Against Devas

November 4, 2020. Issued after the confirmation of the ICC Award by the U.S. District Court for the Western District of Washington, this letter from the Government of India’s Income Tax Department states that an Inter-Ministerial Monitoring Committee had been set up with the approval of the Finance Minister to “expedite the statutory proceedings” against Devas “on a war footing”.

Affidavit of MG Chandrasekhar before India’s National Company Law Tribunal (NCLT)

March 2, 2021.  Affidavit of a founder of Devas in opposition to Antrix’s move to wind up Devas Multimedia Private Ltd. and liquidate its assets, including the ICC Award that Antrix was ordered under international arbitration to pay.

Declaration of Chief Justice V.N. Khare

March 22, 2021.  Declaration of a former Chief Justice of the Supreme Court of India, attesting that the winding-up process against Devas is in violation of basic and fundamental principles of natural justice whaich are implicit/embedded in the Constitution of India.

Petition by Deutsche Telekom to Recognize and Confirm Foreign Arbitral Award.

April 19, 2021.  Petition by Deutsche Telekom before the U.S. District Court for the District of Columbia, seeking to confirm the final award issued by the UNCITRAL arbitration tribunal in Geneva, totaling US$132 million plus accrued interest until it is paid in full.

Devas Shareholders’ Notice of Intent to Initiate New Arbitration Against Indian Government

May 6, 2021.  A letter from counsel to Mauritius-based shareholders of Devas to PM Narendra Modi and his government, notifying India of their intention to initiate international arbitration over the Modi Government’s abusive and unlawful conduct meant to prevent enforcement of three previous arbitral judgments related to the illegal termination of the Devas Agreement in 2011.

National Corporate Law Tribunal (NCLT) Order to Expropriate Devas Multimedia

May 25, 2021. The order by a non-judicial body entirely appointed by the Indian Government, to forcibly liquidate and sanction the expropriation of Devas Multimedia Private Ltd., including ownership of the ICC Award, in order to avoid payment.

CC/Devas (Mauritius) et al. v. Air India, Ltd., Complaint (SDNY)

June 28, 2021. The complaint filed by shareholders and investors of Devas Multimedia Private Ltd. in the U.S. District Court for Southern District of New York, pursuing assets of Air India to satisfy the BIT Award owed to them by India.