February 20, 2021 9:35 am
“The government will file an appeal against Cairn arbitration award soon and will contest its sovereign rights to tax. It will also strongly contest other suits filed by Cairn Energy at various other international courts,” an official said.
February 19, 2021 8:58 am
Government should accept the arbitration award in Cairn case, bury the issue
February 21, 2021 8:58 am
What is the Cairn Energy-Indian government dispute all about? What had the Permanent Court of arbitration court say in its ruling? A recap of the case, and judgment
December 25, 2020 7:56 am
Government should abide by arbitration panel verdicts in Vodafone and Cairn case and end retrospective taxation.
December 23, 2020 12:14 pm
Cairn Energy’s victory will be a second loss for India in an international arbitration after Vodafone Group Plc won a years-long tax dispute with the Indian government in September over a controversial $3 billion tax demand.
December 29, 2020 9:09 am
Like Vodafone, this dispute between the Indian government and Cairn also relates to retrospective taxation.
July 10, 2018 1:13 am
According to Cairn, the I-T Department has continued to enforce its retrospective tax claim against Cairn whilst the Treaty arbitration has been ongoing.
January 19, 2018 12:39 pm
Currently, India is entangled in more than 20 international arbitration cases, and could end up paying billions of dollars in damages if it loses.
June 20, 2017 2:36 am
This follows British oil firm losing in an international arbitration tribunal its challenge against India’s I-T department taking coercive action to recover the tax dues.
June 06, 2016 2:34 pm
The Indian government will fix its 'Statement of Defence' by the fourth quarter of 2016 calendar year and evidential hearing is expected to commence in early 2017.