9911796707
TMI Blog2020 (11) TMI 983X X X X Extracts X X X X X X X X Extracts X X X X ..... al, Ld. AG, Mr. Tushar Mehta, Ld. SG, Mr. Arjun Krishnan, AOR, Mr. Ankur Talwar, Adv., Mr. Ankur Singh, Adv., Mr. Shourya Bari, Adv., Mr. Chinmoy Roy, Jr. Legal Officer, Mr. Tushar Mehta, Ld. SG Mr. Venkatraman, ASG, Mr. Rajat Nair, Adv., Mr. K. R. Sasiprabhu, AOR ORDER IA No. 107899/2020 - FOR DIRECTIONS We have heard all the parties before us in the instant interlocutory application for direction filed on behalf of the respondent - Antrix Corporation Limited. The respondent have suffered an award in the sum of $ 562.5 million with interest. The total liability under the Award appears to be in the region of US $ 1.2 billion. The matter before us has arisen in the following way: The respondent - Antrix Corporation Limited preferred an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . Thereafter, the petitioner - Devas Multimedia Private Limited, filed the present Special Leave Petition and on 19.11.2018, this Court stayed the proceedings under section 9 and 34 of the Act filed by the respondent - Antrix Corporation Limited before the City Civil Court, Bangalore. The instant interlocutory application for direction has been filed thereafter. Having given our anxious consideration to the matter before us, we find that the issue pending before us in the present SLP is primarily whether the application under section 34 of the Act should be heard by the court at Delhi or the court at Bangalore. In other words, the issue before us is not whether the award can be allowed to be executed without hearing the application under ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... te Limited to obtain the fruits of the Award by execution under any law or convention after obtaining a stay from this Court restraining the respondent - Antrix Corporation Limited from pursuing its objections under section 34 of the Act against the Award. The application filed by the respondent under Section 34 of the Act stands transferred to the Delhi High Court. The final award dated 14.09.2015 bearing case No. 18051/CYK titled as Devas Multimedia Pvt. Ltd. Vs. Antrix Corporation Ltd., shall be kept in abeyance till the Delhi High Court decides the application for stay in the Application under Section 34. The application for stay shall be decided on its own merits in accordance with law. The petitioner - Devas Multimedia Private Limit ..... X X X X Extracts X X X X X X X X Extracts X X X X
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