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CAIRN ARBITRATION CASE
Will we K-Pop (desi remix)? How India can turn Tata, Adani, Reliance into global titansForeign companies are exiting India for various reasons, from business failures to global strategy shifts. India aims to build national cha...- Retrospective tax: Cairn drops suits against Air India, Centre in USCairn had filed a petition on February 12 in the District of Columbia court to confirm the arbitration award it won against India last Dece...
- Indian government asks a US court to dismiss Cairn Energy's plea on $1.2 billion award, cites 'sovereign immunity'
- India asks US court to reject Cairn's $1.2 billion suitCairn had in May asked a US federal court to force Air India to pay a USD 1.26 billion arbitration award the firm had won in December.
- $1.2 bn arbitration award: Govt says no formal proposal from Cairn to settle disputeWith New Delhi refusing to pay and instead challenged the award before a court in The Netherlands, Cairn has got the order registered in se...
- Cairn set to file lawsuits to pierce corporate veil, seize Indian PSU assets to enforce arbitration awardThese assets can potentially be non-diplomatic ones and those owned by entities controlled by Indian government in nine countries. The laws...
- 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...
- 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...
- Bank accounts, ships, planes: What all India stands to lose if it fails to pay up Cairn EnergyIf India fails to comply, it will fall foul of the New York Convention. "As India is a signatory to the New York Convention, the award can ...
- Vodafone tax case: India files application in Singapore High Court against arbitration panel verdictThe demand pertained to Vodafone's USD 11-billion acquisition of 67 per cent stake in the mobile phone business owned by Hutchison Whampoa.
- 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...
- Is govt waiting for Cairn arbitration award to decide on Vodafone appeal?Sources with knowledge of the development said in case the arbitration panel upholds Indian government's tax demand against Cairn, it would...
- Government weighs legal options in Vodafone tax arbitration caseLast month, an international arbitration court ruled that the Indian government seeking Rs 22,100 crore in taxes from telecom giant Vodafon...
- India not to sell Cairn Energy shares to recover taxAn international arbitration tribunal is hearing Cairn's challenge to the government using a new law that gave it powers to impose tax retr...
- I-T dept lifts freeze on Cairn dividend payout,stake bar staysThe department, using the 2012 law that gives it power to impose retrospective tax, had last year made a demand of Rs 29,047 crore on Cairn...
- Tax uncertainty may hurt investments in India, warns Cairn CEOCairn faces a tax demand of Rs 29,000 crore, which it has contested saying it cannot be taxed on the decade-old government-approved transac...
- Tax row: Vedanta names James Spigelman to represent its caseThe British firm has challenged the Rs 29,047 crore tax notice slapped by I-T department by seeking international arbitration under the UK-...
- Will seek $600 mn from India in damages: Cairn EnergyIn a statement, Cairn said it had initiated arbitration challenging levy of tax under UK-India Investment Treaty.
- Open to out-of-court settlement of legacy tax issues: Hasmukh AdhiaCairn has already named former Bulgarian minister Stanimir A Alexandrov as its arbitrator. A third arbitrator is yet to be named in the cas...
- 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...
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