US Court Lifts Stay on Devas Plea for Compensation from Antrix for Cancelling Deal | Hybiz Tv

A US court has lifted a stay on proceedings of a lawsuit filed by Bengaluru-based start-up Devas Multimedia, seeking a compensation of over USD one billion from the Indian Space Research Organisation's (ISRO) commercial arm Antrix Corporation for cancelling a satellite deal in 2011. In his order dated September 17, Judge Thomas S Zilly from the US District Court, Western District of Washington lifted the stay on the proceedings of the lawsuit filed by Devas against Antrix. The court has scheduled October 14 as the next date of hearing by Zoom, a virtual meeting platform, to determine whether Devas lawsuit against Antrix be granted to proceed ahead or denied #ISRO #AntrixCorporation #DevasMultimedia #ThomasSZilly HyBiz Tv is India’s most-watched Digital Business Channel with over One Million regular viewers. In the 10 years of its existence, HyBiz Tv has provided a platform for business houses to promote, project and propagate their products and services. Corporate videos, promotional videos, interviews, ad- films, events coverage, current relevant news, meaningful discussions on contemporary subjects have given the audience relevant content which has helped in the rapid growth of the viewership. Clients from both the Telugu states and across the country have reaped rich dividends by engaging HyBiz Tv and now this has spread all over the country.. ► Watch More Business Videos at India's Leading online business channel http://www.hybiz.tv ► like us on Facebook: http://www.facebook.com/hybiz ► Watch More Videos on /hybiztv ► Subscribe to HYBIZTV Channel: goo.gl/EEXqfu ►Follow us on Twitter https://twitter.com/hybiztv

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