Pilgrims keep warm around a fire next to a satellite dish in Tent City during the Kumbh Mela at night in Prayagraj, Uttar Pradesh, India. (Photographer: Prashanth Vishwanathan/Bloomberg)
Rarely do tribunals move as swiftly as the Bengaluru bench has in the Antrix-Devas matter. Just a day after the central government directed Antrix Corporation Ltd. to file a winding up petition against Devas Multimedia Pvt. Ltd., the bench appointed a provisional liquidator.This even as the enforcement hearing for the $1.2 billion arbitral award is due to start at the Delhi High Court. Devas is seeking to enforce the 2016 arbitral aw...