Antrix terminated the deal in February 2011. The dispute between Antrix and Devas has been pending consideration before the SC since 2018. Attorney general KK Venugopal, appearing for Antrix Corporation, and solicitor general Tushar Mehta, for the Centre, moved separate applications in the top court to keep the award in abeyance. Venugopal said: “This stay is still in operation and it ties my hands. Till the matter is settled between the parties on whether the proceeding under Section 34 of Arbitration Act will lie in Delhi or Bengaluru, Devas has invoked the jurisdiction of the US court to enforce the award.

Source: Hindustan Times November 05, 2020 00:18 UTC