{"id":462157,"date":"2022-01-17T10:10:43","date_gmt":"2022-01-17T04:40:43","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=462157"},"modified":"2022-01-17T10:58:57","modified_gmt":"2022-01-17T05:28:57","slug":"foreign-investors-in-devas-multimedia-set-sights-on-air-india-assets-in-us-cite-canada-court-order","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/foreign-investors-in-devas-multimedia-set-sights-on-air-india-assets-in-us-cite-canada-court-order\/","title":{"rendered":"Foreign investors in Devas Multimedia set sights on Air India assets in US, cite Canada court order"},"content":{"rendered":"<p>A January 8 order of a Superior Court in the Quebec region of Canada \u2013 identifying India\u2019s public aircraft carrier Air India as an alter ego of the government of India \u2013 has been cited by investors in the startup firm Devas Multimedia to seek seizures of Air India assets in the United States to recover $111 million compensation over a failed 2005 deal with the Indian Space Research Organisation\u2019s (ISRO) commercial arm Antrix Corporation.<\/p>\n<p>In a January 13 letter to the judge of a US federal court for the southern district of New York, on behalf of three foreign investors in Devas Multimedia \u2013 CC\/Devas Mauritius,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A January 8 order of a Superior Court in the Quebec region of Canada \u2013 identifying India\u2019s public aircraft carrier Air India as an alter ego of the government of India \u2013 has been cited by investors in the startup firm Devas Multimedia to seek seizures of Air India assets in the United States to recover $111 million compensation over a failed 2005 deal with the Indian Space Research Organisation\u2019s (ISRO) commercial arm Antrix Corporation. In a January 13 letter to the judge of a US federal court for the southern district of New York, on behalf of three foreign [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-462157","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/462157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=462157"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/462157\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=462157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=462157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=462157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}