Retrospective Tax News

Air India asks US court to reject Cairn’s plea, says it is premature

Air India asks US court to reject Cairn’s plea, says it is premature

New Delhi: Air India has asked a New York court to dismiss a petition filed by UK’s Cairn Energy against the Indian government for confiscation of its assets to enforce USD 1.2 billion arbitral awards, saying that The litigation was premature as the appeal against the arbitration award was still