Thursday, January 20, 2022

arbitration award

Air India has time till mid-July to challenge Cairn lawsuit

With Cairn seeking to recover the award from state-owned entities such as Air India, the government has said it will contest any enforcement.

Cairn to file lawsuits to enforce $1.2 bn arbitration award

The firm has moved courts in the US, UK, Canada, France, Singapore, the Netherlands and three other countries.

Cairn shareholders ask India to honour arbitration award

Cairn, which on this day seven years back was first slapped with a retrospective tax assessment, is three-fourth owned by world's top investors with $529 billion MFS Investment Management of US being its largest investor with 14.02% stake

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