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CAIRN DISPUTE
Damage control: Govt mulls legal changes to settle Cairn tax issuePolicymakers are worried about the wider ramifications of prolonged litigation with Cairn in multiple jurisdictions on India’s overall inve...
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...
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...
Government may challenge international tribunal’s Cairn tax orderThere have been suggestions that Cairn, and even Vodafone, could opt for a settlement of the long-pending dispute by opting for ‘Vivad Se V...
Cairn offers to pay 15% of principal amount in pending tax caseIn February, Income Tax Department had issued a final a tax demand notice of over Rs 29,000 crore, including Rs 18,800 crore in back dated ...
Cairn faces Rs 10,247-crore fine on top of Rs 29k crore tax demandCairn Energy Plc faces up to Rs 10,247-crore penalty over and above the Rs 29,000 crore in tax and interest demand slapped on it by the I-T...
Laurent Levy named third arbitration in Cairn tax caseLevy was approved as the neutral arbitrator on the panel last week after appointees of Cairn and the Government agreed to his name, sources...
Cairn to seek $700 mln compensation from govtBritish energy firm Cairn Energy has said it will seek about $700 million in compensation from the government for the loss of value of its ...
Govt appoints Christopher Thomas arbitrator in Cairn tax caseIndia named a Singapore-based lawyer J Christopher Thomas as its arbitrator for resolving the Rs 10,247 crore tax dispute with London-liste...
Cairn wants India to appoint arbitrator by November 11 in Rs 10,247 tax disputeThe British oil explorer late last month wrote to Finance Minister Arun Jaitley reminding him of government's promise to appoint an arbitra...
Will appoint arbitrator to resolve Cairn tax row: India to International Court of JusticeCairn on March 10 sought arbitration under the India-UK Bilateral Investment Protection Agreement against the tax demand raised on a 2006 i...
Cairn Energy to seek damages from government for tax noticeThe firm said it has initiated arbitration for resolution of the tax demand linked to 2006 reorganisation of Cairn India.
Cairn names ex-Bulgarian minister arbitrator for tax disputeSources said Cairn has communicated its decision on the arbitrator to the Finance Ministry which now has to appoint an arbitrator of its ch...
- ONGC to move court on Rajasthan block royalty
ONGC has a 30% stake in the Rajasthan block but is contractually bound to pay Cairn's share of royalty.
- Forcing royalty on Cairn may hit UK ties
MEA warns govt attempt may be considered as a denial of "fair and equitable treatment" under the Bilateral Investment Promotion Agreement w...
- Oil ministry supports ONGC views on Cairn-Vedanta deal
The oil ministry has thrown its weight behind ONGC and told the Cabinet that asking Cairn to accept the state firm's views on royalty and w...
- Cabinet to meet over Cairn-Vedanta deal next week
The government's approval to $9.6-billion Cairn-Vedanta deal is expected next week as the cabinet is unlikely to meet this week.