2012
Devas v. India CC/Devas (Mauritius) Ltd., Devas Employees Mauritius Private Limited, and Telcom Devas Mauritius Limited v. Republic of India (PCA Case No. 2013-09)
India
Mauritius
Shareholding in Devas Multimedia Private Limited, an Indian company that had concluded a telecommunication contract with an Indian state entity under the control of the Indian Space Research Organization.
Claims arising out of the alleged Government's cancellation of an agreement to lease capacity in the S-Band, part of the electromagnetic spectrum, for claimants' subsidiary to launch two satellites to provide multimedia services to mobile users across India.
Tertiary: J - Information and communication
61 - Telecommunications
UNCITRAL
PCA (Permanent Court of Arbitration)
Lalonde, M.
Haigh, D.
Orrego Vicuña, F. (replaced)
Singh, A. D.
Decided in favour of investor
Award on Quantum dated 13 October 2020
Dissenting Opinion by Anil Dev Singh
580.00 mln USD
111.30 mln USD
Indirect expropriation

Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Most-favoured nation treatment

Arbitrary, unreasonable and/or discriminatory measures

Transfer of funds
Indirect expropriation

Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims
Judicial review by national courts
Judicial review by national courts
Award/decision upheld
http://www.pcacases.com/web/view/46
http://globalarbitrationreview.com/news/article/31522/panel-formed-billion-dollar-bit-claim-against-india/ (requires subscription)
http://www.iareporter.com/articles/20130412_3 (requires subscription)
http://www.iareporter.com/articles/20131010 (requires subscription)
http://www.iareporter.com/articles/india-liable-for-expropriation-and-unfair-treatment-in-satellite-dispute-but-majority-of-tribunal-says-essential-security-defence-scales-back-liability/ (requires subscription)
http://globalarbitrationreview.com/article/1067274/india-found-liable-in-satellite-case (requires subscription)
http://www.prnewswire.com/news-releases/hague-tribunal-unanimously-finds-indian-government-liable-for-expropriating-investments-in-devas-multimedia-damages-award-to-follow-according-to-columbia-capital-and-telcom-ventures-300304853.html
http://www.iareporter.com/articles/india-round-up-updates-on-the-vodafone-devas-and-tenoch-bycell-arbitrations/ (requires subscription)
https://www.iareporter.com/articles/in-now-public-devas-v-india-bit-award-arbitrators-disagree-on-interpretation-of-essential-security-interest-clause-and-extent-to-which-national-security-concerns-underlay-states/ (requires subscription)
https://www.iareporter.com/articles/dutch-court-decision-surfaces-in-devas-case-revealing-reasons-why-award-withstood-indias-set-aside-bid/ (requires subscription)
https://www.iareporter.com/articles/analysis-in-devas-v-india-tribunal-majority-applies-dcf-model-to-value-a-business-with-no-operational-activity-while-dissenter-would-have-awarded-only-sunk-costs/ (requires subscription)