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Showing posts with label Cairn drops lawsuits against govt in US. Show all posts

27 December 2021

Cairn drops lawsuits against govt in US, UK

Cairn drops lawsuits against govt in US, UK

Cairn Energy has dropped lawsuits against the government and its entities in the US and the UK. It is in final stages of withdrawing cases in France and the Netherlands, which were filed to get back about Rs 7,900 crore that were collected from it to enforce a retrospective tax demand. The UK company has initiated proceedings to withdraw lawsuits it had filed in several jurisdictions to enforce an international arbitration award.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News Cairn drops lawsuits against govt in US, UK
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27 December 2021

Cairn drops lawsuits against govt in US, UK

Cairn drops lawsuits against govt in US, UK

ONGC, Oil India in talks for 50% stake in $3.4 billion Kenya oilfield, Chinese firm enters fray