Tax fight escalates, French Court reportedly allows Cairn to seize Indian properties in ParisThis comes following India's protracted refusal to abide by the arbitration order that asked the Indian government to pay Cairn $1.2 bn in ...
08 Jul, 2021, 04.28 PM IST
Honour Cairn award, remove uncertaintyApparently, Cairn has identified assets that range from AI’s aircraft to vessels owned by Shipping Corporation of India and properties owne...
17 May, 2021, 11.35 PM IST
India has till mid-April to appeal against Cairn award; challenge only on limited groundsThe award from a three-member tribunal at the Permanent Court of Arbitration at The Hague invalidating India's Rs 10,247 crore tax claim on...
19 Mar, 2021, 01.49 PM IST
Cairn mulls ways to monetise arbitration awardAn arbitration tribunal ruled in favour of Cairn Energy in a six-year-old retrospective tax dispute in December and ordered the Indian gove...
10 Mar, 2021, 05.41 PM IST
Cairn Energy acts to enforce award against India’s overseas assetsIn December, an arbitration tribunal ruled in favour of Cairn Energy in a six-year-old retrospective tax dispute and ordered the Indian gov...
08 Mar, 2021, 11.29 PM IST
US, UK, 3 other courts confirm $1.4 bn arbitration award against IndiaCairn Energy had moved courts in nine countries to enforce its USD 1.4 billion arbitral award against India, which the company won after a ...
08 Mar, 2021, 11.12 PM IST
Cairn wants India to honour its word and pay $1.4 billion, shareholders to seek enforcementCairn has already moved courts in the US, UK, Netherlands, Canada, France, Singapore, Japan, UAE and Cayman Islands to get the December 21 ...
07 Mar, 2021, 11.02 AM IST
$1.4 bn Cairn arbitration award: FM Sitharaman says its her duty to appealLast year, the government lost two high-profile arbitrations over the levy of taxes on British firms, using legislation that gave it the po...
05 Mar, 2021, 04.39 PM IST
India in no mood to concede defeat in Cairn Energy tax case, to appeal against arbitration awardThe appeal against the award is likely to be in the government in the Netherlands, while India will contest its right to tax in the case fi...
20 Feb, 2021, 08.55 AM IST
US Court issues summons to Indian government in Cairn Energy payment caseCairn Energy Plc and Cairn UK Holdings Ltd filed a petition in a Washington DC district court on February 12 to confirm the arbitration awa...
18 Feb, 2021, 11.16 AM IST
Cairn CEO wants to meet FM Nirmala Sitharaman on arbitration award next weekThis is yet another attempt by Cairn to mount pressure on the government to honour the award. Last month, Cairn wrote to the Indian governm...
18 Feb, 2021, 09.48 AM IST
Cairn threatens to enforce arbitration award against India’s foreign assetsAn arbitration tribunal last month ruled in favour of Cairn Energy in a six-year-old retrospective tax dispute and ordered the Indian gover...
27 Jan, 2021, 07.53 AM IST
ConocoPhillips-styled Indian overseas assets seizure to collect $1.4 bn Cairn awardIn 2019, ConocoPhillips had moved US courts to seize Venezuelan state oil company PDVSA's assets to collect USD 2 billion compensation it h...
26 Jan, 2021, 03.52 PM IST
India to study Cairn Energy arbitration award, to consider all optionsThe government's statement followed that from Cairn Energy Plc which said that it had won the arbitration against the Indian government ove...
23 Dec, 2020, 08.14 PM IST
Double blow for India. After Vodafone, Cairn Energy wins investment treaty arbitration against New Delhi in 5-year-old tax disputeCairn in March 2015 filed a formal dispute against a demand for more than $1.2 billion from the Indian tax department that dates back to th...
23 Dec, 2020, 08.13 PM IST
Arbitration Tribunal delays award in Rs 10,247 cr Cairn retro tax case to mid-2020"The Arbitral Tribunal has indicated that whilst it is not yet able to commit to a specific award release date, it expects to be in a posit...
28 Oct, 2019, 02.18 PM IST
Cairn arbitration award may be protracted, not expected before 2019"The formal hearings and submissions in respect of Cairn's claim under the UK-India Bilateral Investment Treaty concluded in 2018 and the a...
10 Sep, 2019, 02.59 PM IST