- Devas Multimedia said they had received a Paris court’s permission to attach as collateral an apartment of the Indian Deputy Chief of Mission in the French capital valued at €3.8 million.
- The judgment was in connection with arbitration awards won by the telecommunications firm after India cancelled the Antrix deal.
- This comes close on the heels of a Canada court on January 8 allowing Devas investors to seize 50% of Air India’s assets held by the International Air Transport Association (IATA).