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Tag "Cairn arbitration award"

Courts in five countries recognise Cairn arbitration award

Courts in five countries recognise Cairn arbitration award

🕔07:27, 10.Mar 2021

New Delhi, March 10  In a major boost to Cairn Energy, courts in five countries, including the US and the UK, have given recognition to an arbitration award that asked India to return $1.4 billion. According to experts, this opens

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Indian govt to appeal against Cairn arbitration award

Indian govt to appeal against Cairn arbitration award

🕔21:15, 19.Feb 2021

New Delhi, Feb 19  Despite talks with US-based Cairn Energy, the Indian government may soon go ahead with an appeal against the arbitration award in the retrospective taxation case, sources said. An official source told IANS that government will contest

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