{"id":406707,"date":"2021-03-24T10:21:21","date_gmt":"2021-03-24T04:51:21","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=406707"},"modified":"2021-03-24T11:10:08","modified_gmt":"2021-03-24T05:40:08","slug":"india-files-appeal-against-1-4-bn-cairn-arbitration-award","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/india-files-appeal-against-1-4-bn-cairn-arbitration-award\/","title":{"rendered":"India files appeal against $1.4-bn Cairn arbitration award"},"content":{"rendered":"<p>New Delhi: India is believed to have challenged in a court in The Hague an arbitration tribunal verdict that overturned its demand for \u20b910,247 crore in back taxes from Cairn Energy Plc &#8212; the second time in three months that it has refused to accept an international award against retrospective tax.<\/p>\n<p>The appeal was filed on Monday, a source with knowledge of the matter said. <\/p>\n<p>The Finance Ministry spokesperson did not immediately respond to an e-mail sent for comments.<\/p>\n<p>The appeal against a three-member tribunal at the Permanent Court of Arbitration at The Hague invalidating India&#8217;s \u20b910,247 crore tax claim on Cairn Energy and ordering the government to return the value of shares it had sold,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: India is believed to have challenged in a court in The Hague an arbitration tribunal verdict that overturned its demand for \u20b910,247 crore in back taxes from Cairn Energy Plc &#8212; the second time in three months that it has refused to accept an international award against retrospective tax. The appeal was filed on Monday, a source with knowledge of the matter said. The Finance Ministry spokesperson did not immediately respond to an e-mail sent for comments. The appeal against a three-member tribunal at the Permanent Court of Arbitration at The Hague invalidating India&#8217;s \u20b910,247 crore tax claim [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-406707","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/406707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=406707"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/406707\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=406707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=406707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=406707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}