Quick Summary
There have been news reports that Cairn Energy has seized/ frozen State owned property of Government of India in Paris. However, Govt. of India has not received any notice, order or communication, in this regard, from any French Court. Government is trying to ascertain the facts, and whenever suc
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Broadcasts
- Daily E-Newsletter
- Unlimited News Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
View all CCI PRO benfits
Already a PRO member? Login here for an ad-free experience.
FAQ :
There are news reports that Cairn Energy has seized or frozen state-owned property of the Government of India in Paris.
No, the Government of India has not received any notice, order, or communication from any French Court regarding this matter.
The government is trying to ascertain the facts and will take appropriate legal remedies to protect India's interests once an order is received.
The Government of India filed an application on March 22, 2021, to set aside the December 2020 international arbitral award in The Hague Court of Appeal and will vigorously defend its case.
Yes, the CEO and representatives of Cairn Energy have approached the Government of India for discussions, and constructive talks have taken place.
Yes, the government remains open to an amicable solution to the dispute within the country's legal framework.
CAclubindia
