Source: Indian Express Relevance: Various dimensions of the Cairn issue Synopsis: The recent move by Cairn to seize India’s sovereign assets has many grey areas of law that need due consideration. Background: Britain’s Cairn Energy Plc has secured an order from a French court authorizing the freezing of 20 Indian government properties in Paris valued at… Continue reading For Cairns dispute, international arbitration is not the way forward
Tag: Cairn
GoI should not contest arbitral awards in Indian courts
Source: TOI Relevance: Issues in implementation of arbitral awards due to India’s legacy Bilateral Investment Treaty (BIT) structure. Synopsis: In the aftermath of the Cairn arbitral award, a analysis of issues involved and probable future course of action. Background A French court recently allowed Cairn to take control of 20 government of India properties in… Continue reading GoI should not contest arbitral awards in Indian courts
Cairn Energy dispute and Government disputes with private entities – Explained, pointwise
Introduction Britain’s Cairn Energy Plc has secured an order from a French court authorizing the freezing of 20 Indian government properties in Paris valued at over 20 million euros. This is the first court order secured against India to enforce a $1.2-billion arbitration award that Cairn Energy had won against the Indian government in the… Continue reading Cairn Energy dispute and Government disputes with private entities – Explained, pointwise
