Cairn Wants India To Pay $1.4 Billion, Shareholders To Seek Enforcement
Mar 07 2021, 11:18 AM
March 07 2021, 11:18 AM
March 07 2021, 11:18 AM
British oil firm Cairn Energy plc on Sunday said its shareholders, including top financial institutions of the world, expect the use of the companyâs âstrong powers of enforcementâ to recover $1.4 billion from the Indian government should it not keep word of honouring international arbitration tribunal awards on retrospective taxes.
British oil firm Cairn Energy plc on Sunday said its shareholders, including top financial institutions of the world, expect the use of the companyâs âstrong powers of enforcementâ to recover $1.4 billion from the Indian government should it not keep word of honouring international arbitration tribunal awards on retrospective taxes.