Tag Archives: According to Cairn

According to Cairn, action is being taken to obtain access to the $1.2 billion arbitration award against India

Cairn Energy Plc, based in the United Kingdom said on Tuesday, that it is taking all appropriate steps to obtain the USD 1.7 billion, it was awarded by an international arbitration tribunal after the Indian government’s retroactive tax demand was overturned. In 1994, the Scottish company invested in India’s oil and gas market and a decade later, […]