Dispute Resolution Hotline
May 26, 2021
Ca(ir)n India Fly?

SUMMARY

Cairn Energy PLC has moved to seize Air India’s assets to enforce a $1.2 billion arbitration award it won against a retrospective tax demand by the Indian government. Vyapak Desai of Nishith Desai Associates along with Mukesh Butani, Managing Partner at BMR Legal Advocates and Deepshikha Sikarwar of The Economic Times explain what this could mean for India as an investment destination.

Listen to the podcast here : https://lnkd.in/e6mTVTa

 

– Vyapak Desai

You can direct your queries or comments to the authors

Disclaimer

The contents of this hotline should not be construed as legal opinion. View detailed disclaimer.

This Hotline provides general information existing at the time of preparation. The Hotline is intended as a news update and Nishith Desai Associates neither assumes nor accepts any responsibility for any loss arising to any person acting or refraining from acting as a result of any material contained in this Hotline. It is recommended that professional advice be taken based on the specific facts and circumstances. This Hotline does not substitute the need to refer to the original pronouncements.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

NDA Connect

Connect with us at events, 
conferences and seminars.

Dispute Resolution Hotline

May 26, 2021

Ca(ir)n India Fly?

SUMMARY

Cairn Energy PLC has moved to seize Air India’s assets to enforce a $1.2 billion arbitration award it won against a retrospective tax demand by the Indian government. Vyapak Desai of Nishith Desai Associates along with Mukesh Butani, Managing Partner at BMR Legal Advocates and Deepshikha Sikarwar of The Economic Times explain what this could mean for India as an investment destination.

Listen to the podcast here : https://lnkd.in/e6mTVTa

 

– Vyapak Desai

You can direct your queries or comments to the authors

Disclaimer

The contents of this hotline should not be construed as legal opinion. View detailed disclaimer.

This Hotline provides general information existing at the time of preparation. The Hotline is intended as a news update and Nishith Desai Associates neither assumes nor accepts any responsibility for any loss arising to any person acting or refraining from acting as a result of any material contained in this Hotline. It is recommended that professional advice be taken based on the specific facts and circumstances. This Hotline does not substitute the need to refer to the original pronouncements.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

NDA Connect

Connect with us at events, 
conferences and seminars.