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Cairn Drops Lawsuits In US, UK Against Government On Retrospective Tax Issue

Britain's Cairn Energy Plc has dropped lawsuits against the government and its entities in the US and other places

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Government, Cairn Energy Reach Consensus To Settle Tax Dispute

Cairn Energy has entered into certain undertakings with the Government, which would allow for tax refunds under a long-running billion dollar dispute

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Centre Releases Draft Rules For Withdrawal of Retrospective Tax Demands

The draft rules say the Centre will not proceed with demands related to retrospective tax levy, provided that all companies withdraw cases against it

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Govt asks US court to reject Cairn Energy s $1 2 billion suit

The Indian government has asked a federal court in the United States to reject Cairn Energy's $1.2 billion suit in connection with the international arbitration award.

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Cairn Energy Eyes Government Companies Assets To Recover Money

Cairn has identified $70 billion of Indian assets overseas for potential seizure to collect the award, which now totals $1.72 billion.

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