While passing the judgment, the court held that the Impugned award dated 14 September, 2015, suffers from patent illegalities and is in conflict with the Public Policy of India.
The 2010-13 season of scandal-mongering still casts a shadow on Indian politics, and the victims are those at the lowest end of the decision-making chain.
Supreme Court verdict upholding NCLT decision to wind up Devas has dented ISRO's credibility. But govt should not start treating every start-up with suspicion.
Bench upheld tribunal’s finding that Devas was incorporated with ‘fraudulent motive to collude and connive’ with some officials of ISRO’s commercial arm Antrix for wrongful gain.
Calling Air India an 'alter ego' of the Indian state & therefore liable for sovereign’s debts, Devas filed plea in New York asking the airline to pay the amount or forfeit its US property.
Ventures by Japan, South Korea and Taiwan illustrate how the race for REE security is accelerating, powered by both geopolitical tension and industrial strategy.
ThePrint had previously reported that India & Russia are talking about 5 more regiments of the S-400, but no contracts are to be signed during the Russian president's visit.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
COMMENTS