Government's Response to Antrix-Devas Verdict

In the UNCITRAL arbitration between GoI and Mauritius based investors of M/s Devas Multimedia Private Limited, under the Indo – Mauritius BIPA (Treaty), the Arbitral Tribunal have issued their award on Jurisdiction and Merits on July 25, 2016.The Tribunal has said that GoI's essential security interest provisions of the Treaty do apply in this case to an extent. The limited liability...