{"id":469855,"date":"2022-02-22T10:44:24","date_gmt":"2022-02-22T05:14:24","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=469855"},"modified":"2022-02-22T10:44:24","modified_gmt":"2022-02-22T05:14:24","slug":"air-india-can-appeal-against-asset-seizure-ruling-quebec-court","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-india-can-appeal-against-asset-seizure-ruling-quebec-court\/","title":{"rendered":"Air India can appeal against asset seizure ruling: Quebec court"},"content":{"rendered":"<p>CHENNAI: In a significant advance for Air India in its legal tussle with Devas Multimedia, the court of appeals in Quebec, Canada, has given it the nod to challenge an earlier Canadian court order that allowed foreign investors in Devas to seize Air India\u2019s assets.<br \/>\n\u201cWithout expressing opinion on the merits or likelihood of success of the appeal, I am satisfied that the matter should be brought up in the court,\u201d the judge said, posting the matter\u2019s next hearing for May 13.<br \/>\nEver since 2011, when India annulled the deal it had entered into through Antrix Corporation, the commercial arm of the Indian Space Research Organisation (ISRO) with Devas, alleging fraud, the foreign investors in Devas have been approaching various international courts seeking compensation. Late last year, a Quebec court had authorised the seizure of assets belonging to Air India, which was then owned by the Indian government, after Devas filed a case there against India for breaching a unilateral treaty.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CHENNAI: In a significant advance for Air India in its legal tussle with Devas Multimedia, the court of appeals in Quebec, Canada, has given it the nod to challenge an earlier Canadian court order that allowed foreign investors in Devas to seize Air India\u2019s assets. \u201cWithout expressing opinion on the merits or likelihood of success of the appeal, I am satisfied that the matter should be brought up in the court,\u201d the judge said, posting the matter\u2019s next hearing for May 13. Ever since 2011, when India annulled the deal it had entered into through Antrix Corporation, the commercial arm [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220,130,137],"tags":[],"class_list":["post-469855","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/469855","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=469855"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/469855\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=469855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=469855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=469855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}