Naumchenko and others v. India Maxim Naumchenko, Andrey Poluektov and Tenoch Holdings Limited v. The Republic of India (PCA Case No. 2013-23)
Russian Federation

Majority shareholding in the Indian telecoms company ByCell India.
Claims arising out of the withdrawal by Indian authorities of an approval to grant frequency allocation licences to claimants' local telecoms company ByCell, after it had previously obtained clearance from India's Foreign Investment Board.
Tertiary: J - Information and communication
61 - Telecommunications
PCA (Permanent Court of Arbitration)
Sepúlveda Amor, B.
Brower, C. N.
Stern, B.
Decided in favour of State
Award dated July 2019
400.00 mln USD
Data not available
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Arbitrary, unreasonable and/or discriminatory measures
None - all claims dismissed at the merits stage