International Chamber of Commerce
('ICC') assailing the 'Termination of Devas Agreement' by 'Antrix'. The ICC
'Arbitral Tribunal ... Devas' for damages amounting to USD 562.50 Millions + Pre
Award simple interest at 3 - months USD LIBOR + 4% from February 2011 to
September
receipt of the copy of the order,
and that too, with simple interest @10% annually rest from the
date of purported purchase of such shares ... mentioned in the said reports itself.
Appellants further stated that the termination of the services of the 1st and
10th respondent for anti-company activities
Principal Amount and Rs. 78,56,899 as simple interest
calculated at a rate of 9% per annum from December 19, 2015 (the date ... written notice, requiring the Respondent
to refund all amounts paid up to termination, including interest at 9% per annum,
which encompasses the Principal Amount
Principal Amount and Rs. 78,56,899 as simple interest
calculated at a rate of 9% per annum from December 19, 2015 (the date ... written notice, requiring the Respondent
to refund all amounts paid up to termination, including interest at 9% per annum,
which encompasses the Principal Amount
Principal Amount and Rs. 78,56,899 as simple interest
calculated at a rate of 9% per annum from December 19, 2015 (the date ... written notice, requiring the Respondent
to refund all amounts paid up to termination, including interest at 9% per annum,
which encompasses the Principal Amount
Principal Amount and Rs. 78,56,899 as simple interest
calculated at a rate of 9% per annum from December 19, 2015 (the date ... written notice, requiring the Respondent
to refund all amounts paid up to termination, including interest at 9% per annum,
which encompasses the Principal Amount
irrelevant, as it pertains to operational stoppage for lack of
explosives, not termination or debt disputes. The Appellant submitted that such
belated defences fail ... existing dispute
under Section 8(2).
14. The Appellant submitted that the termination notice dated 22.03.2021,
issued under clauses
Committee fails to arrive at a decision either unanimously or by
simple majority as set out in sub-clause (d) above, the matter shall ... discussions shall take place at a mutually agreed venue.
XII. Term and Termination:
a) A period of one year from the Transfer Date shall
Committee fails to arrive at a decision either unanimously or by
simple majority as set out in sub-clause (d) above, the matter shall ... discussions shall take place at a mutually agreed venue.
XII. Term and Termination:
a) A period of one year from the Transfer Date shall
Reply).
12. It is further submitted that the deposit shall carry simple interest at the
rate of 9% per annum payable on quarterly basis ... Reply), there is a pre-existing dispute. The notice of
termination of agreement was given by the Appellant by e-mail dated
18.12.2018 which
