सरकार ने 13 अगस्त को डिस्ट्रिक्ट ऑफ कोलंबिया की अमेरिकी जिला अदालत में एक 'मोशन टू डिसमिस' याचिका दायर की, जिसमें कहा कि केयर्न और भारतीय कर प्राधिकरण के बीच विवाद उसके न्यायाधिकार क्षेत्र में नहीं आता।
Cairn Energy Tax Dispute: Centre Says Open To Amicable Solution Cairn Energy Tax Dispute: Centre Says Open To Amicable Solution Cairn Energy Dispute: Centre said the CEO and representatives of Cairn Energy have approached it for discussions to resolve the matter.
Centre has said that Cairn Energy has approached it for amicable settlement
The Government on Sunday said that it can consider an amicable solution to the Cairn dispute. It also said that the CEO and the representatives of Cairn Energy have approached the Centre for discussions to resolve the matter.
In a statement issued by the Finance Ministry, it also vehemently denied reports claiming that it asked state-owned banks to withdraw funds from foreign currency accounts abroad in anticipation of the potential seizure of such accounts with regard to the Cairn legal dispute .
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Cairn Energy case: Europe s leading player in oil and gas wins USD 1.4 billion arbitration award
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 the avenue for Cairn to seize Indian assets in those countries if India does not pay the award. Cairn Energy had moved the courts in nine countries to enforce the award against India, which the company won after a dispute over a retrospective capital gains tax.
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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.