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Cairn arbitration award case: Govt gears up to stop Air India asset seizure

Seeks details from airline to assess impact on privatization

Topics
Cairn Energy | Cairn tax dispute | Cairn India

Nikunj Ohri & Dilasha Seth  |  New Delhi 



Air India
The hearing of India’s appeal challenging the $1.2-billion arbitration award in favour of Cairn at The Hague is listed on September 1.

With moving a US court to seize Air India’s assets, the Indian government is preparing the groundwork to contest the matter. The government has also sought details from the national carrier to gauge the development’s impact on its privatisation exercise.

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First Published: Mon, May 17 2021. 06:10 IST

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