Complied With Retro Tax Repeal Law, Entitled For Refund: Cairn
Cairn Energy has said it has complied with all provisions of retro tax repeal lawNew Delhi: Britain’s Cairn Energy on Tuesday said it has complied with all rules of the…
Cairn Drops Lawsuits In US, UK Against Government On Retrospective Tax Issue
Cairn Energy has dropped lawsuits against the government and its entities in many placesNew Delhi: Britain’s Cairn Energy Plc has dropped lawsuits against the government and its entities in the…
Government, Cairn Energy Reach Consensus To Settle Tax Dispute
Government of India and Cairn Energy have reached a consensus to end the tax disputeCairn Energy has entered into certain undertakings with Government of India, which would allow for the…
New York Court Pauses Tax Suit To Allow Cairn To Settle Dispute With India
The New York district court delayed the tax suit to November 18.New Delhi: A New York court has paused Cairn Energy’s pursuit of US assets of Air India for the…
Cairn Energy To Return $700 Million To Shareholders Through Special Dividend
Cairn Energy has said it will return $700 million to shareholders through special dividendBritain’s Cairn Energy pledged to return up to $700 million to shareholders through a special dividend and…
Expecting $1.06 Billion Payment From India Within Weeks, Says Cairn CEO
Cairn said it expects its feud with the government to resolve soon. (File)Cairn Energy Plc shareholders can expect a payback of as much as $700 million once the U.K. oil…
Centre Releases Draft Rules For Withdrawal of Retrospective Tax Demands
Centre has come out with draft rules on withdrawal of retrospective tax demands from companiesDays after bringing in the Taxation Laws (Amendment) Act 2021 – which scraps the rule that…
Government Of India Vs Cairn Energy Standoff. 10 Points About It
Government of India and Cairn Energy have been involved in a tax dispute case The Government of India and British oil major Cairn Energy have had a long face-off. It…
Cairn Energy Secures French Court Order To Seize 20 Indian Properties: Report
Britain’s Cairn Energy Plc has secured a French court order to seize about 20 Indian government properties in France to recover a part of $1.7 billion arbitration award, sources said…
Cairn Energy Eyes Government Companies’ Assets To Recover Money
Cairn Energy plans to target assets of state-owned Indian companies to recover its duesAfter Air India, Britain’s Cairn Energy PLC plans to target assets of state-owned firms and banks in…