Arbitral Digest

Matter

CC/Devas (Mauritius) Ltd and others v Republic of India (PCA Case No. 2013.09)

Case no.
PCA Case No. 2013.09
Applicable rules
UNCITRAL Arbitration Rules
  1. 25 July 2016Arbitration

    25 July 2016Arbitration

    Award on Jurisdiction and Merits dated 25 July 2016

    Permanent Court of Arbitration

    Decision summary
    The tribunal held that the claimants' claims concerned a protected investment and that Antrix's termination notice was attributable to India. It found no jurisdiction over the part of the annulment decision motivated by essential security interests, but found expropriation as to the remaining 40% and a breach of fair and equitable treatment; the other claims and the quantification of compensation and arbitration costs were respectively dismissed and reserved.

    Supporting details

    2 authorities · 4 participants
    CC/Devas (Mauritius) Ltd
    Devas Employees Mauritius Private Limited
    Telcom Devas Mauritius Limited
    Republic of India
    Permanent Court of Arbitration

    Authorities cited

    2
    • Treaty between the Government of the Republic of Mauritius and the Government of the Republic of India for the promotion and protection of investments (4 September 1998)
      treaty
    • UNCITRAL Arbitration Rules
      rules

    4 years, 2 months and 18 days later · 1541 days

  2. 13 October 2020Arbitration

    13 October 2020Arbitration

    Award on Quantum dated 13 October 2020

    Permanent Court of Arbitration

    Decision summary
    The tribunal valued Devas at USD 740 million and ordered India to pay compensation of USD 50,497,600 to CC/Devas, USD 50,497,600 to Telcom Devas, and USD 10,300,800 to Devas Employees Mauritius Private Limited, with interest. It also apportioned tribunal costs equally, ordered payment of USD 10 million under the UNCITRAL Rules, and provided for post-award interest, tax indemnification, and measures to prevent double recovery.

    Supporting details

    2 authorities · 4 participants
    CC/Devas (Mauritius) Ltd
    Devas Employees Mauritius Private Limited
    Telcom Devas Mauritius Limited
    Republic of India
    Permanent Court of Arbitration

    Authorities cited

    2
    • Treaty between the Government of the Republic of Mauritius and the Government of the Republic of India for the promotion and protection of investments (4 September 1998)
      treaty
    • UNCITRAL Arbitration Rules
      rules

    3 years and 4 months later · 1218 days

  3. 13 February 2024France

    13 February 2024France

    Interlocutory Order of the Paris Court of Appeal, Division 5 - Chamber 16 in the case RG 22/11814 dated 13 February 2024

    Paris Court of Appeal, Division 5 - Chamber 16

    Case no.
    RG 22/11814
    Citation
    N° RG 22/11814; N° Portalis 35L7-V-B7G-CGAWA
    Decision summary
    The magistrate in charge of case management declared the voluntary interventions of CCDM Holdings LLC, Telcom Devas LLC and Devas Employees Fund US LLC admissible, referred to the trial formation the issue of the admissibility of India's argument that the arbitral tribunal exceeded its mandate, and directed the parties to update their submissions on that issue. India was ordered to pay the costs of the incident and EUR 10,000 to the intervening companies under article 700 of the French Code of Civil Procedure.

    Supporting details

    9 authorities · 18 participants
    Republic of India
    Representative
    Matthieu Boccon Gibod (For: Republic of India)
    Representative
    SELARL Lexavoué Paris-Versailles (For: Republic of India)
    Representative
    Christophe Von Krause (For: Republic of India)
    Representative
    White & Case LLP (For: Republic of India)
    CC/Devas (Mauritius) Ltd
    Devas Employees Mauritius Private Limited
    Telcom Devas Mauritius Limited
    CCDM Holdings LLC
    Representative
    Luca De Maria (For: CCDM Holdings LLC · Telcom Devas LLC · Devas Employees Fund US LLC)
    Representative
    SELARL Pellerin - De Maria - Guerre (For: CCDM Holdings LLC · Telcom Devas LLC · Devas Employees Fund US LLC)
    Representative
    Eric Bouffard (For: CCDM Holdings LLC · Telcom Devas LLC · Devas Employees Fund US LLC)
    Representative
    Martin Guermonprez (For: CCDM Holdings LLC · Telcom Devas LLC · Devas Employees Fund US LLC)
    Representative
    Gibson, Dunn & Crutcher LLP (For: CCDM Holdings LLC · Telcom Devas LLC · Devas Employees Fund US LLC)
    Devas Employees Fund US LLC
    Representative
    Luca De Maria (For: CCDM Holdings LLC · Telcom Devas LLC · Devas Employees Fund US LLC)
    Representative
    SELARL Pellerin - De Maria - Guerre (For: CCDM Holdings LLC · Telcom Devas LLC · Devas Employees Fund US LLC)
    Representative
    Eric Bouffard (For: CCDM Holdings LLC · Telcom Devas LLC · Devas Employees Fund US LLC)
    Representative
    Martin Guermonprez (For: CCDM Holdings LLC · Telcom Devas LLC · Devas Employees Fund US LLC)
    Representative
    Gibson, Dunn & Crutcher LLP (For: CCDM Holdings LLC · Telcom Devas LLC · Devas Employees Fund US LLC)
    Telcom Devas LLC
    Representative
    Luca De Maria (For: CCDM Holdings LLC · Telcom Devas LLC · Devas Employees Fund US LLC)
    Representative
    SELARL Pellerin - De Maria - Guerre (For: CCDM Holdings LLC · Telcom Devas LLC · Devas Employees Fund US LLC)
    Representative
    Eric Bouffard (For: CCDM Holdings LLC · Telcom Devas LLC · Devas Employees Fund US LLC)
    Representative
    Martin Guermonprez (For: CCDM Holdings LLC · Telcom Devas LLC · Devas Employees Fund US LLC)
    Representative
    Gibson, Dunn & Crutcher LLP (For: CCDM Holdings LLC · Telcom Devas LLC · Devas Employees Fund US LLC)
    Paris Court of Appeal, Division 5 - Chamber 16
    Other
    Court Reporter
    Najma El Farissi

    Authorities cited

    9
    • French Code of Civil Procedure
      statute
    • French Civil Code
      statute
    • Treaty between the Government of the Republic of Mauritius and the Government of the Republic of India for the promotion and protection of investments (4 September 1998)
      treaty
    • Snook v. London and West Riding Investments Ltd (London Court of Appeal, 1967)
      case-law
    • Camdex International Limited v. Bank of Zambia (London Court of Appeal, 1998)
      case-law
    • Trepca Mines Ltd (Court of Appeal, 1962)
      case-law
    • Giles v Thompson (1994)
      case-law
    • Papera Traders Co. v. Hyundai Merchant Marine Co Ltd and another (Queen's Bench Division, 2002)
      case-law
    • Mansell v Robinson (High Court of Justice, 2007)
      case-law
  4. 13 February 2024France

    13 February 2024France

    Interlocutory Order of the Paris Court of Appeal, Division 5 - Chamber 16 in the case RG 22/11819 dated 13 February 2024

    Paris Court of Appeal, Division 5 - Chamber 16

    Case no.
    RG 22/11819
    Citation
    N° RG 22/11819; N° Portalis 35L7-V-B7G-CGAWO
    Decision summary
    The magistrate in charge of case management declared the voluntary interventions of CCDM Holdings LLC, Telcom Devas LLC and Devas Employees Fund US LLC admissible, referred to the trial formation the issue of the admissibility of India's argument that the arbitral tribunal exceeded its mandate, and directed the parties to update their submissions on that issue. India was ordered to pay the costs of the incident and EUR 10,000 to the intervening companies under article 700 of the French Code of Civil Procedure.

    Supporting details

    9 authorities · 18 participants
    Republic of India
    Representative
    Matthieu Boccon Gibod (For: Republic of India)
    Representative
    SELARL Lexavoué Paris-Versailles (For: Republic of India)
    Representative
    Christophe Von Krause (For: Republic of India)
    Representative
    White & Case LLP (For: Republic of India)
    CC/Devas (Mauritius) Ltd
    Devas Employees Mauritius Private Limited
    Telcom Devas Mauritius Limited
    CCDM Holdings LLC
    Representative
    Luca De Maria (For: CCDM Holdings LLC · Telcom Devas LLC · Devas Employees Fund US LLC)
    Representative
    SELARL Pellerin - De Maria - Guerre (For: CCDM Holdings LLC · Telcom Devas LLC · Devas Employees Fund US LLC)
    Representative
    Eric Bouffard (For: CCDM Holdings LLC · Telcom Devas LLC · Devas Employees Fund US LLC)
    Representative
    Martin Guermonprez (For: CCDM Holdings LLC · Telcom Devas LLC · Devas Employees Fund US LLC)
    Representative
    Gibson, Dunn & Crutcher LLP (For: CCDM Holdings LLC · Telcom Devas LLC · Devas Employees Fund US LLC)
    Devas Employees Fund US LLC
    Representative
    Luca De Maria (For: CCDM Holdings LLC · Telcom Devas LLC · Devas Employees Fund US LLC)
    Representative
    SELARL Pellerin - De Maria - Guerre (For: CCDM Holdings LLC · Telcom Devas LLC · Devas Employees Fund US LLC)
    Representative
    Eric Bouffard (For: CCDM Holdings LLC · Telcom Devas LLC · Devas Employees Fund US LLC)
    Representative
    Martin Guermonprez (For: CCDM Holdings LLC · Telcom Devas LLC · Devas Employees Fund US LLC)
    Representative
    Gibson, Dunn & Crutcher LLP (For: CCDM Holdings LLC · Telcom Devas LLC · Devas Employees Fund US LLC)
    Telcom Devas LLC
    Representative
    Luca De Maria (For: CCDM Holdings LLC · Telcom Devas LLC · Devas Employees Fund US LLC)
    Representative
    SELARL Pellerin - De Maria - Guerre (For: CCDM Holdings LLC · Telcom Devas LLC · Devas Employees Fund US LLC)
    Representative
    Eric Bouffard (For: CCDM Holdings LLC · Telcom Devas LLC · Devas Employees Fund US LLC)
    Representative
    Martin Guermonprez (For: CCDM Holdings LLC · Telcom Devas LLC · Devas Employees Fund US LLC)
    Representative
    Gibson, Dunn & Crutcher LLP (For: CCDM Holdings LLC · Telcom Devas LLC · Devas Employees Fund US LLC)
    Paris Court of Appeal, Division 5 - Chamber 16
    Other
    Court Reporter
    Najma El Farissi

    Authorities cited

    9
    • French Code of Civil Procedure
      statute
    • French Civil Code
      statute
    • Treaty between the Government of the Republic of Mauritius and the Government of the Republic of India for the promotion and protection of investments (4 September 1998)
      treaty
    • Snook v. London and West Riding Investments Ltd (London Court of Appeal, 1967)
      case-law
    • Camdex International Limited v. Bank of Zambia (London Court of Appeal, 1998)
      case-law
    • Trepca Mines Ltd (Court of Appeal, 1962)
      case-law
    • Giles v Thompson (1994)
      case-law
    • Papera Traders Co. v. Hyundai Merchant Marine Co Ltd and another (Queen's Bench Division, 2002)
      case-law
    • Mansell v Robinson (High Court of Justice, 2007)
      case-law

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CC/Devas (Mauritius) Ltd and others v Republic of India (PCA Case No. 2013.09) · Matter