Arbitration Tribunal delays award in Rs 10,247 cr Cairn retro tax case to mid-2020

The international tribunal, which had in August last year completed main court hearings in the British company#39;s challenge to the Indian government using retrospective legislation to seek Rs 10,247 crore in taxes, was supposed to give an award by February 2019, but in March it delayed it to 2019-end and now to summer of 2020.

from Moneycontrol Business News https://ift.tt/2BQLTq0