Cairn Energy Arbitration Award
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Cairn Drops Lawsuits In US, UK Against Government On Retrospective Tax Issue
Britain's Cairn Energy Plc has dropped lawsuits against the government and its entities in the US and other places
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Government, Cairn Energy Reach Consensus To Settle Tax Dispute
Cairn Energy has entered into certain undertakings with the Government, which would allow for tax refunds under a long-running billion dollar dispute
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US Court Pauses Tax Suit To Allow Cairn To Settle Dispute With India
A New York court has paused Cairn Energy's pursuit of US assets of Air India for the recovery of USD 1.2 billion arbitral award, so as to allow the British firm to reach a settlement with the Indian government on the long drawn dispute.
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Centre Releases Draft Rules For Withdrawal of Retrospective Tax Demands
The draft rules say the Centre will not proceed with demands related to retrospective tax levy, provided that all companies withdraw cases against it
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Air India Asks US Court To Dismiss Cairn Petition, Says It Is Premature
Air India has asked a New York court to dismiss a petition filed by Britain's Cairn Energy for seizure of its assets to enforce $1.2 billion arbitral awards against the Indian government, saying the litigation was premature as an appeal against the a
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No Proposal Received From Cairn To Resolve Tax Dispute, Says Government
Cairn Energy Arbitration: Centre has said it has not received any formal proposal from British oil major to resolve the tax dispute.
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Government Of India Vs Cairn Energy Standoff. 10 Points About It
The Government of India and British oil major Cairn Energy have had a long face-off. It has its origin in a retrospective tax amendment law, under which the company was asked to pay a tax liability by India. Cairn contested against the demand and this led to an arbitration case.
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'Not Got Order From Any French Court': India On Cairn 'Seizing' 20 Assets
Cairn Energy says a French court has accepted its petition for a freeze on some Indian government properties in Paris as part of its attempts to recover a $1.2 billion arbitration award it won last year.
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French Court Lets Cairn Energy Seize 20 Indian Government Assets: Report
In a setback to India, Britain's Cairn Energy secured a French court order to seize 20 government properties in Paris to recover a part of the USD 1.7 billion due from New Delhi following an arbitration panel overturning levy of retrospective taxes.
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Cairn Energy Eyes Government Companies' Assets To Recover Money
Cairn has identified $70 billion of Indian assets overseas for potential seizure to collect the award, which now totals $1.72 billion.
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Opinion: The Cairn $1.4 Billion Award Is Patently Illegal
In this piece, I attempt to lay bare the patent illegality of the Cairn arbitral award to enforce which it has brought a lawsuit in the US against national carrier Air India.
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India Challenges $1.2 Billion Arbitration Award To UK's Cairn Energy
India has challenged an international arbitration tribunal asking it to return $1.2 billion to UK's Cairn Energy Plc on grounds that it had never agreed to arbitrate over a "national tax dispute", the finance ministry said.
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Cairn Begins Process To Seize Indian Overseas Assets To Recover $1.7 Billion
UK's Cairn Energy Plc has brought a lawsuit in the US to pierce the corporate veil between the Indian government and its owned flag carrier Air India so as to seize its overseas assets to recover USD 1.7 billion it has been awarded by an internationa
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Cairn Energy Sues Air India For $1.2 Billion Arbitration Award: Report
Cairn Energy has sued India's flagship carrier Air India to enforce a $1.2 billion arbitration award that it won in a tax dispute against India, according to a U.S. District Court filing reviewed by Reuters.
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India Asks State Banks To Withdraw Cash Abroad So Cairn Cannot Seize It
Cairn was awarded damages of more than $1.2 billion plus interest and costs in December in a long-drawn-out tussle with the Indian government over its retrospective tax claims.
-
Cairn Drops Lawsuits In US, UK Against Government On Retrospective Tax Issue
Britain's Cairn Energy Plc has dropped lawsuits against the government and its entities in the US and other places
-
Government, Cairn Energy Reach Consensus To Settle Tax Dispute
Cairn Energy has entered into certain undertakings with the Government, which would allow for tax refunds under a long-running billion dollar dispute
-
US Court Pauses Tax Suit To Allow Cairn To Settle Dispute With India
A New York court has paused Cairn Energy's pursuit of US assets of Air India for the recovery of USD 1.2 billion arbitral award, so as to allow the British firm to reach a settlement with the Indian government on the long drawn dispute.
-
Centre Releases Draft Rules For Withdrawal of Retrospective Tax Demands
The draft rules say the Centre will not proceed with demands related to retrospective tax levy, provided that all companies withdraw cases against it
-
Air India Asks US Court To Dismiss Cairn Petition, Says It Is Premature
Air India has asked a New York court to dismiss a petition filed by Britain's Cairn Energy for seizure of its assets to enforce $1.2 billion arbitral awards against the Indian government, saying the litigation was premature as an appeal against the a
-
No Proposal Received From Cairn To Resolve Tax Dispute, Says Government
Cairn Energy Arbitration: Centre has said it has not received any formal proposal from British oil major to resolve the tax dispute.
-
Government Of India Vs Cairn Energy Standoff. 10 Points About It
The Government of India and British oil major Cairn Energy have had a long face-off. It has its origin in a retrospective tax amendment law, under which the company was asked to pay a tax liability by India. Cairn contested against the demand and this led to an arbitration case.
-
'Not Got Order From Any French Court': India On Cairn 'Seizing' 20 Assets
Cairn Energy says a French court has accepted its petition for a freeze on some Indian government properties in Paris as part of its attempts to recover a $1.2 billion arbitration award it won last year.
-
French Court Lets Cairn Energy Seize 20 Indian Government Assets: Report
In a setback to India, Britain's Cairn Energy secured a French court order to seize 20 government properties in Paris to recover a part of the USD 1.7 billion due from New Delhi following an arbitration panel overturning levy of retrospective taxes.
-
Cairn Energy Eyes Government Companies' Assets To Recover Money
Cairn has identified $70 billion of Indian assets overseas for potential seizure to collect the award, which now totals $1.72 billion.
-
Opinion: The Cairn $1.4 Billion Award Is Patently Illegal
In this piece, I attempt to lay bare the patent illegality of the Cairn arbitral award to enforce which it has brought a lawsuit in the US against national carrier Air India.
-
India Challenges $1.2 Billion Arbitration Award To UK's Cairn Energy
India has challenged an international arbitration tribunal asking it to return $1.2 billion to UK's Cairn Energy Plc on grounds that it had never agreed to arbitrate over a "national tax dispute", the finance ministry said.
-
Cairn Begins Process To Seize Indian Overseas Assets To Recover $1.7 Billion
UK's Cairn Energy Plc has brought a lawsuit in the US to pierce the corporate veil between the Indian government and its owned flag carrier Air India so as to seize its overseas assets to recover USD 1.7 billion it has been awarded by an internationa
-
Cairn Energy Sues Air India For $1.2 Billion Arbitration Award: Report
Cairn Energy has sued India's flagship carrier Air India to enforce a $1.2 billion arbitration award that it won in a tax dispute against India, according to a U.S. District Court filing reviewed by Reuters.
-
India Asks State Banks To Withdraw Cash Abroad So Cairn Cannot Seize It
Cairn was awarded damages of more than $1.2 billion plus interest and costs in December in a long-drawn-out tussle with the Indian government over its retrospective tax claims.
