co-presented by
ASSOCIATE SPONSORS
co-presented by
ASSOCIATE SPONSORS
In a statement, a spokesperson of the AAI said: "AAI has not been served any order by the Quebec Court, Canada in this matter. However, IATA shared certain documents on AAI's request for suspending the transfer of amount collected on behalf of AAI."
Devas Multimedia, which had won more than $1.2 billion in international arbitration from India, has dubbed Air India the “alter ego” of the country that is liable for the sovereign’s debts.
The agency said, the attached assets worth over Rs 79.76 crore of Devas Multimedia Private Limited, Bengaluru, are in the "form of upfront capacity reservation fee available with ISRO as well as in the form of mutual fund and bank deposits."
