logo
logo
Sign in

Why is Cairn Energy Seizing Indian Government Properties in Paris?

avatar
Transfin Contact
Why is Cairn Energy Seizing Indian Government Properties in Paris?

Last week, a French court allowed Cairn to seize 20 Indian state assets worth more than €20m ($23.63m) in Paris.

This was part of the $1.7bn tax row between the Scottish company and the Indian Government. And it shows no signs of subsiding.

But why would Cairn go to the extreme of seizing Government property? What might happen next? What is the company's - and the Government's - endgame here?

Click link for a deep-dive into the Cairn-India saga:

https://transfin.in/why-is-cairn-energy-seizing-indian-government-properties-in-paris

collect
0
avatar
Transfin Contact
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more