{"id":424278,"date":"2021-07-05T10:38:52","date_gmt":"2021-07-05T05:08:52","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=424278"},"modified":"2021-07-05T12:11:27","modified_gmt":"2021-07-05T06:41:27","slug":"as-lawsuits-try-to-clip-air-india-wings-govt-readies-not-alter-ego-case","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/as-lawsuits-try-to-clip-air-india-wings-govt-readies-not-alter-ego-case\/","title":{"rendered":"As lawsuits try to clip Air India wings, govt readies \u2018not alter ego\u2019 case"},"content":{"rendered":"<p>Faced with lawsuits filed by Cairn Energy and investors of Devas Multimedia \u2014 both seeking to recover their dues from the Indian government by attempting to seize Air India\u2019s overseas assets \u2014 the government has lined up a two-pronged approach.<\/p>\n<p>First, the Centre has assembled a team of lawyers and legal consultants to challenge the premise that Air India is an \u201calter-ego\u201d of the Government of India. Second, it is preparing a list of the airline\u2019s overseas assets that could face potential seizure from the lawsuits and could even pose a risk to the carrier\u2019s disinvestment process, top government officials and Air India executives said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Faced with lawsuits filed by Cairn Energy and investors of Devas Multimedia \u2014 both seeking to recover their dues from the Indian government by attempting to seize Air India\u2019s overseas assets \u2014 the government has lined up a two-pronged approach. First, the Centre has assembled a team of lawyers and legal consultants to challenge the premise that Air India is an \u201calter-ego\u201d of the Government of India. Second, it is preparing a list of the airline\u2019s overseas assets that could face potential seizure from the lawsuits and could even pose a risk to the carrier\u2019s disinvestment process, top government officials [&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":[130],"tags":[],"class_list":["post-424278","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/424278","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=424278"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/424278\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=424278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=424278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=424278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}