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 https://ift.tt/3FwQpcE
No comments:
Post a Comment