Cairn

NEW DELHI: 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…

Britain's Cairn Energy Plc has dropped lawsuits against the Indian government and its entities in the US and other places and is in the final stages of withdrawing cases in Paris and the Netherlands to get back about Rs 7,900 crore that…

Last month, Cairn had agreed to drop litigations to seize Indian properties as it has accepted the Indian government's offer to settle tax dispute relating to the levy of taxes retrospectively. Britain's Cairn Energy Plc has dropped…

Britain's Cairn Energy Plc has dropped lawsuits against the Indian government and its entities in the US and other places and is in the final stages of withdrawing…

UK's Energy, renamed Capricorn Energy this week, has withdrawn arbitration enforcement suits in the US courts as part of its settlement with the Indian government in the retrospective tax case. Cairn Energy filed a "notice of voluntary…

The company had, earlier this month, given required undertakings indemnifying the Indian government against future claims and agreeing to drop any legal proceedings anywhere in the world Moving quickly towards ending a retrospective…