French court backing: Cairn Energy gets order to attach India assets
India’s high-profile tax dispute with Cairn Energy took an embarrassing turn for New Delhi on Thursday, with the Scottish energy company reportedly securing a French court order to seize about 20 Indian government properties in Central Paris.
The properties, that mostly comprise flats valued at more than €20 million, are used by the Indian government establishment in France, PTI reported, quoting people with “direct knowledge of the matter”.
