Gurukul

Nov.17,2005) ; The total payment to be made by DEVAS to ANTRIX is not commensurate with the cost of the satellite and the normal profit projections of a commercial corporation. severe penalty clauses to be borne by ANTRIX for delayed delivery of the spacecraft.(Any body can check that these are true by referring to the Agreement) 12. DoT, Min,of Law and Justice have favoured cancellation of the contract. 13. The Agreement was never discussed in TAG or ICC. as it was considered “Commercially Confidential.” AGREEMENT copy was denied to Hindu under RTI'' Can you believe this in this age' 14. DOT/MOC vide their note dated 28.07.2010 further stated: “… that terrestrial component of the BSS frequencies should also be given similar treatment as in the case of 3G and BWA spectrum with regard to pricing, and, auction mechanism should be adopted for fair spectrum allocations”. Nov.17,2005) ; The total payment to be made by DEVAS to ANTRIX is not commensurate with the cost of the satellite and the normal profit projections of a commercial corporation. severe penalty clauses to be borne by ANTRIX for delayed delivery of the spacecraft.(Any body can check that these are true by referring to the Agreement) 12. DoT, Min,of Law and Justice have favoured cancellation of the contract. 13. The Agreement was never discussed in TAG or ICC. as it was considered “Commercially Confidential.” AGREEMENT copy was denied to Hindu under RTI'' Can you believe this in this age' 14. DOT/MOC vide their note dated 28.07.2010 further stated: “… that terrestrial component of the BSS frequencies should also be given similar treatment as in the case of 3G and BWA spectrum with regard to pricing, and, auction mechanism should be adopted for fair spectrum allocations”. 15 From observations above it is seen that the ANTRIX-DEVAS contract has to be terminated. 15 From observations above it is seen that the ANTRIX-DEVAS contract has to be terminated.