{"id":425161,"date":"2021-07-09T11:10:52","date_gmt":"2021-07-09T05:40:52","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=425161"},"modified":"2021-07-09T11:10:52","modified_gmt":"2021-07-09T05:40:52","slug":"cairn-energy-secures-french-court-order-to-seize-20-indian-govt-properties","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/cairn-energy-secures-french-court-order-to-seize-20-indian-govt-properties\/","title":{"rendered":"Cairn Energy secures French court order to seize 20 Indian govt properties"},"content":{"rendered":"<p>New Delhi: Britain&#8217;s Cairn Energy Plc has secured a French court order to seize about 20 Indian government properties in France to recover a part of $1.7 billion arbitration award, sources said on Thursday. On June 11, the French court had ordered Cairn Energy&#8217;s take-over of Indian government properties, mostly comprising flat; and the legal process got completed on Wednesday evening.<\/p>\n<p>An arbitration panel had in December ordered the Indian government to return $1.2 billion plus interest and penalty to Cairn Energy after reversing a retrospective tax demand.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: Britain&#8217;s Cairn Energy Plc has secured a French court order to seize about 20 Indian government properties in France to recover a part of $1.7 billion arbitration award, sources said on Thursday. On June 11, the French court had ordered Cairn Energy&#8217;s take-over of Indian government properties, mostly comprising flat; and the legal process got completed on Wednesday evening. An arbitration panel had in December ordered the Indian government to return $1.2 billion plus interest and penalty to Cairn Energy after reversing a retrospective tax demand.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-425161","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/425161","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=425161"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/425161\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=425161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=425161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=425161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}