Weeks after UK-based Cairn Energy secured a French court order to seize about 20 Indian government properties worth Rs 177 crore in Paris, the government on Tuesday confirmed the development and said it has roped in an international law firm to handle the enforcement proceedings.
“An order has been passed by a French Court freezing certain Indian Government properties in the case pertaining to Cairn Energy,” minister of state for finance Pankaj Chaudhary told Rajya Sabha in a written reply. “For handling enforcement proceedings, an international law firm, with relevant experience, has been engaged. In consultation with its counsel team, the government is taking all appropriate legal steps to protect its interest.”
