Cairn Energy says arbitration ruling expected soon on its challenge to Indian govt seeking Rs 10,247 crore

The three-member tribunal, which had in December 2018 completed main court hearings in Cairn's challenge to the Indian government using a retrospective legislation to seek Rs 10,247 crore in taxes, was supposed to give an award by February 2019. But in March 2019, it delayed it to 2019-end and then to the summer of 2020.

from Energy-Industry-Economic Times https://ift.tt/3hmSKuk