INSUBCONTINENT EXCLUSIVE:
Centre has said that Cairn Energy has approached it for amicable settlementThe Government on Sunday said that it can consider an amicable
banks to "withdraw funds from foreign currency accounts abroad in anticipation of the potential seizure of such accounts with regard to the
Cairn legal dispute"."Government of India is vigorously defending its case in this legal dispute
It is a fact that the Government has filed an application on March 22, 2021, to set aside the highly flawed December 2020 international
Scottish firm has threatened to seize Indian sovereign assets overseas which it can do so in the event of New Delhi failing to return over
$1.7 billion that the arbitration tribunal has ordered after rescinding a retrospective tax demand.The Government has filed an appeal
in the absence of a settlement, which Cairn says it is still pursuing.
