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Cairn to target more State companies to recover money due from Government

Cairn to target more State companies to recover money due from Government PTI New Delhi | Updated on June 27, 2021 RELATED In May, it pleaded that Air India is controlled by the Indian government and should be held liable After Air India, Britain s Cairn Energy PLC plans to target assets of state-owned firms and banks in countries from the United States (US) to Singapore as it looks to ramp up efforts to recover the amount due from the Indian government after winning an arbitration against levy of retrospective taxes. A lawyer representing the company said Cairn will bring lawsuits in several countries to make State-owned firms liable to pay the $1.2 billion, including interest and penalties that are due from the Indian government.

New yorkUnited statesFrance generalUnited kingdomBritish virgin islandsRepublic of indiaQuinn emanuel urquhart sullivanDennis hranitzkyBritain cairn energyCrystallex international corpPakistan international airlinesAir indiaCorporation of indiaUs district courtAfter air indiaCairn energy

After Air India, Cairn To Target More State-Owned Firms To Recover Money Due From Centre

After Air India, Cairn To Target More State-Owned Firms To Recover Money Due From Centre A lawyer representing Cairn, said the firm will bring lawsuits in several countries to make state-owned firms liable to pay the USD 1.2 billion plus interest and penalties that are due from the Indian government PTI 27 June 2021, Last Updated at 1:59 pm Representational Image PTI 2021-06-27T13:54:16+05:30 After Air India, Cairn To Target More State-Owned Firms To Recover Money Due From Centre outlookindia.com 2021-06-27T13:59:12+05:30 Also read After Air India, Britain s Cairn Energy PLC plans to target assets of state-owned firms and banks in countries from the US to Singapore as it looks to ramp up efforts to recover the amount due from the Indian government after winning an arbitration against levy of retrospective taxes.

New yorkUnited statesFrance generalUnited kingdomBritish virgin islandsRepublic of indiaQuinn emanuel urquhart sullivanDennis hranitzkyBritain cairn energyCrystallex international corpPakistan international airlinesAir indiaCorporation of indiaUs district courtCairn energySouthern district

After Air India, Cairn to target more Indian state-owned firms for recovery

After Air India, Britain s Cairn Energy PLC plans to target assets of state-owned firms and banks in countries from the US to Singapore as it looks to ramp up efforts to recover the amount due from the Indian government after winning an arbitration against levy of retrospective taxes. A lawyer representing the company said Cairn will bring lawsuits in several countries to make state-owned firms liable to pay the USD 1.2 billion plus interest and penalties that are due from the Indian government. Last month, Cairn brought a lawsuit in the US District Court for the Southern District of New York pleading that Air India is controlled by the Indian government so much that they are alter egos and the airline should be held liable for the arbitration award.

New yorkUnited statesFrance generalUnited kingdomBritish virgin islandsRepublic of indiaQuinn emanuel urquhart sullivanDennis hranitzkyBritain cairn energyAir indiaCrystallex international corpPakistan international airlinesCorporation of indiaUs district courtAfter air indiaCairn energy

After Air India, Cairn to target more state companies to recover money due from government

After Air India, Cairn to target more state companies to recover money due from government
freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesFrance generalUnited kingdomBritish virgin islandsRepublic of indiaQuinn emanuel urquhart sullivanDennis hranitzkyBritain cairn energyCrystallex international corpPakistan international airlinesAir indiaCorporation of indiaUs district courtAfter air indiaCairn energy

Highest residential real estate sale in the Catalina Foothills in more than a decade

Highest residential real estate sale in the Catalina Foothills in more than a decade
insidetucsonbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidetucsonbusiness.com Daily Mail and Mail on Sunday newspapers.

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