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Wednesday, June 16, 2021

SC dismisses Devas petition to stay liquidator’s hand

The National Company Law Tribunal (NCLT) on May 25 ruled that the company had been incorporated with the singular intention of defrauding Antrix, the commercial wing of the Indian Space Research Organisation, and allowed Antrix’s plea that Devas be wound up.

from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/3cNPoAy

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