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Tata Sons moves Delhi HC against $1.17-bn award

The affidavit further highlights the enforcement of the LCIA award would be in contravention of Indian law and public policy

A woman walks past a brach of Japanese mobile communications company NTT Docomo in Tokyo, Japan. Photo: Reuters
A woman walks past a brach of Japanese mobile communications company NTT Docomo in Tokyo, Japan. Photo: Reuters

In the latest twist to the Tata–DoCoMo joint venture (JV) tale, Tata Sons on Friday filed an affidavit in the Delhi High Court, objecting to the enforcement of the June 24, $1.17 billion London Court of International Arbitration (LCIA) award in favour of NTT DoCoMo. Tata’s latest move comes as a severe contradiction to its earlier stance, where the company had mentioned its commitment to the arbitral adjudication before the Delhi High Court and had even deposited the entire sum of the award (Rs 8,450 crore) with the registrar of the court, subject to final determination ...