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CAIRNS ARBITRATION
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...- $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 arbitration: Govt confirms French court order against Indian assetsMinister of State for Finance Pankaj Chaudhary in a written reply to a question in the Rajya Sabha said the government has filed an appeal ...
- With Cairn getting hold of India's overseas assets, govt's problems may've only just begunDevas Multimedia, a company which is seeking over $1.2 billion it had won in a similar award against the government, and the Indian governm...
- 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...
- 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 ...
- $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...
- India may give oil field in lieu of $1.4 billion it has to pay Cairn and save overseas assetsFor a government struggling to find revenue to boost a COVID-19 battered economy, options of appeal against the arbitration award are limit...
- 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...
- 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...
- Setback for India, international panel rejects stay on Cairn arbitrationBoth firms denied any tax was due and initiated arbitrations -- Cairn Energy under India-UK investment treaty and Vedanta under India-Singa...
- India gets 6 more weeks to respond to Cairn Energy arbitrationCairn had in June field a 160-page Statement of Claim before a three-member international arbitration panel seeking quashing of the retrosp...
- Government seeks putting Cairn arbitration on holdCairn Energy and Vedanta, which had bought Cairn India from the Scottish firm in 2011, had initiated separate arbitrations against the tax ...
- 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.
- 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...
- 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 seeks quick judicial resolution to tax rowCompany chief executive Simon Thomson said it wants the government to join the arbitration to arrive at a quick judicial resolution.
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