Cairn has to respond to India's arbitration award plea in US court by October 20Cairn had approached the District of Columbia court in February to confirm the arbitration award it had won against India in a retrospectiv...
26 Aug, 2021, 05.56 PM IST
Retro tax: Cairn Energy executives to meet finance ministry officials soonSenior Cairn Energy executives are expected to meet finance ministry officials this week to discuss their tax dispute, days after Parliamen...
24 Aug, 2021, 01.21 PM IST
No proposal from Cairn Energy for settlement of tax dispute : Finance MinistryThe finance ministry acknowledged that an order has been passed by a French court freezing certain Indian government properties in the case...
03 Aug, 2021, 07.39 AM IST
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...
10 Jul, 2021, 06.49 AM IST
Finance ministry denies asking banks to withdraw funds from foreign accounts fearing Cairn actionThe ministry said that the government was strongly defending its case against the arbitral award in the The Hague Court of Appeal on severa...
23 May, 2021, 06.29 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
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
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 tax dispute: I-T dept confiscates dividend, refundThe department ordered taking away $104 million dividend due to it from its remaining stake in the erstwhile subsidiary Cairn India.
20 Jun, 2017, 12.36 AM IST
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 ...
11 May, 2016, 06.12 PM IST
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...
07 Apr, 2016, 09.26 PM IST
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...
18 Jan, 2016, 07.20 PM IST
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...
12 Nov, 2015, 06.18 PM IST
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...
09 Nov, 2015, 03.59 AM IST
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...
25 Oct, 2015, 11.35 AM IST
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.
18 Aug, 2015, 01.03 PM IST
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...
25 May, 2015, 07.50 PM IST