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A French court has frozen 20 properties belonging to the Government of India in Paris, which, according to Cairn Energy, is a “necessary preparatory step to taking ownership” of these properties. The government has long been in dispute with Cairn Energy and has refused to respect adverse decisions at international arbitration. Cairn had previously threatened to attach and sell Indian properties abroad, including diplomatic residences and even Air India aircraft. Cairn is now trying to carry out this threat.
If indeed Cairn manages to take possession of and sell Indian properties in Paris — including the house, in an upmarket neighbourhood
