Constructive talks on with India on tax dispute: Cairn CEO

New Delhi: Cairn Energy chief executive officer Simon Thomson had a constructive dialogue with the Indian government on a tax dispute. “We had a constructive dialogue. The dialogue is ongoing,” Thomson told reporters after meeting finance secretary Ajay Bhushan Pandey to discuss the tax dispute even as India prepared to appeal against the $1.2 billion arbitral award the company recently won.

Before he met the finance secretary, Thomson told a television channel that he was meeting Indian officials for a quick resolution of the dispute. International arbitration has been going on for a considerable time, which has now concluded and shareholders in Cairn want this to be resolved as quickly as possible, Thomson said.

“We are looking forward to a positive resolution,” Thomson said as he entered the meeting.