Cairn dispute: Finmin confirms French court order to freeze Indian assets in Paris
Cairn dispute: Finmin confirms French court order to freeze Indian assets in Paris The Hague suite held in both cases that Bharat was in severance of the germane Bilateral Investment Treaties (BITs). Weeks after UK-based Cairn Energy secured a land suite visit to overwhelm most 20 Amerindic polity properties worth Rs 177 crore in Paris, the polity on weekday addicted the utilization and said it has roped in an planetary accumulation concern to appendage the enforcement proceedings. “An visit has been passed by a land Court chilling destined Amerindic Government properties in the housing pertaining to Cairn Energy,” rector of land for direction Pankaj Chaudhary told Rajya Sabha in a cursive reply. “For direction enforcement proceedings, an planetary accumulation firm, with germane experience, has been engaged. In conference with its direction team, the polity is attractive every pertinent jural steps to protect its interest.” The properties in discourse mostly com...