The Airports Authority of India (AAI) Tuesday said it would take legal recourse against an order by a court in Quebec, Canada, allowing three foreign investors of Bengaluru-based start-up Devas Multimedia to seize millions of dollars of its assets held by the International Air Transport Association (IATA).
In a statement, the State-run airport regulator said: “The AAI has not been served any order by the Quebec Court, Canada, in this matter. However, the IATA shared certain documents on the AAI’s request, for suspending the transfer of the amount collected on behalf of the AAI. The AAI is taking legal recourse to defend itself.”
