Bilateral Investment Claims against India: The Antrix Devas Saga decoded


Session: 6:30 PM TO 7:30 PM (IST)


The Antrix-Devas controversy in India sparked disputes in multiple international fora, and ultimately culminated in an international commercial arbitration award worth USD 672 Million as well as an investment treaty award against India, which is still undergoing quantification proceedings. These awards form part of a series of events that evidence treatment meted by the Indian government, which has resulted in multiple investment dispute notices against it.

We cordially invite you to be a part of our Round Table + Webinar, where we discuss the factual and legal aspects surrounding, both, the international commercial and investment arbitrations. Our discussions will also have a specific focus on possible takeaways for the Indian government, in dealing with the numerous investment claims against it, and will be followed by a Q&A session. For more information, you can refer to our hotline on this, which can be accessed here and our article in Mint, which can be accessed here.

Focus Area

  • Basic Background to the Antrix-Devas dispute

  • Summarizing the ICC commercial arbitration award

  • Understanding the principles behind the investment treaty award

  • The way forward: takeaways for the Indian government

Flow of the session

6:30 PM–7:15 PM (IST) :

Panel Discussions

7:15 PM–7:30 PM (IST) :

Q & A Session

Interesting Reads


Vyapak Desai

Partner, Head of the Int’l Litigation and Dispute Resolution Practice

Vyapak Desai heads the Int’l Litigation & Dispute Resolution Practice at the multi-skilled, research-based international law firm, Nishith Desai Associates ( Vyapak is also a Senior Attorney in the Corporate and Securities Practice group at the firm. Vyapak holds a Bachelors degree in law and a Masters degree in Commercial Laws. He is also a trained Mediator and is also a member of Arbitration Committee of the International Bar Association (IBA) and the Bar Council of Maharashtra & Goa. 

Vyapak represents clients in a wide-range of services with a special focus on cutting edge cross-border and complex litigations and international commercial arbitrations. He is a leading attorney in the advisement and representation of clients involved in media, entertainment, franchising, oil and gas, and financial services sectors for pragmatic and effective pre-litigation strategies, arbitrations and litigations before various forums including the Supreme Court, High Courts and before international arbitration centers such as the LCIA, SIAC, ICC, and ICDR- AAA amongst others.  

Niyati Gandhi

Member, Int’l Litigation and Dispute Resolution Team

Niyati Gandhi is a member of the Int’l Litigation & Dispute Resolution Practice at Nishith Desai Associates. She has previously worked with the United Nations Commission on International Trade Law and the ICC International Court of Arbitration. Niyati teaches International Commercial Arbitration at the National Law School of India University and the NMIMS School of Law. Niyati has edited and authored various chapters and articles on arbitration in India and the Asia Pacific. Most recently, Niiyati has been involved in the founding of the Mumbai Center for International Arbitration. 

Durga Priya Manda

Member, Int’l Litigation and Dispute Resolution Team

Durga is a member of the Int’l Litigation & Dispute Resolution Practice at Nishith Desai Associates. Prior to joining Nishith Desai Associates, she completed her Master of Law from the University of Cambridge in 2016. During the course of this degree, she specialized in complex cross-border disputes, focusing on large scale international trade and investment disputes as well as international commercial litigations. Durga completed her undergraduate degree from the National University of Juridical Sciences (NUJS) in 2015, having received a University Gold Medal in Administrative Law. In addition, Durga has a strong background in mooting, having been a coach and a finalist speaker at the Willem C. Vis International Commercial Arbitration Moot Court (Vienna and Hong Kong).