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Cairn CEO meets finance secretary over arbitration ruling, says meeting constructive

Synopsis We had a constructive dialogue and the dialogue is ongoing, ThomsonCairn Energy Plc Chief Executive Simon Thomson told reporters after meeting Finance Secretary Ajay Bhushan Pandey, CBDT Chairman P C Mody and other tax officials. He refused to comment on what transpired at the meeting. I can t comment more on the meeting. Getty Images New Delhi: Nearly two months after it won an international arbitration tribunal ruling against the Indian government levying taxes retrospectively, Britain s Cairn Energy Plc Chief Executive Simon Thomson on Thursday met top finance ministry officials in hope of quickly resolving the issue. We had a constructive dialogue and the dialogue is ongoing, Thomson told reporters after meeting Finance Secretary Ajay Bhushan Pandey, CBDT Chairman P C Mody and other tax officials.

Cairn CEO meets finance secy over tax ruling, says meeting constructive

Cairn Energy CEO meets Indian finance secretary as shareholders impatiently wait for action on the $1 4 billion tax dispute

» Cairn Energy CEO meets Indian finance secretary as shareholders impatiently wait for action on the $1.4 billion tax dispute Cairn Energy CEO meets Indian finance secretary as shareholders impatiently wait for action on the $1.4 billion tax dispute Navdeep YadavFeb 18, 2021, 16:55 IST Cairn Energy Twitter UK-based Cairn Energy plc CEO Simon Thomson called upon the union finance ministry to see a possible solution outside the legal options to get $1.4 billion in a tax dispute against India. Cairn Energy plc CEO Simon Thomson told reporters that the meeting with the finance secretary was constructive. This comes days after the company moved the US, the UK and the Netherlands courts to get $1.4 billion in a tax dispute against India.Days after filing cases in the US, the UK and the Netherlands courts to get $1.4 billion in a tax dispute against India, UK-based Cairn Energy plc called upon the union finance ministry to see a possible solution outside the legal options.

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