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Cairn legal dispute: Indian govt slams media reports claiming PSU banks asked to withdraw funds from foreign accounts

Cairn legal dispute: Indian govt slams media reports claiming PSU banks asked to withdraw funds from foreign accounts

May 24, 2021, at 07:38 am

New Delhi/IBNS: The Centre has taken strong exception to the media reports that allegedly claimed that it has asked state-owned banks to withdraw funds from foreign currency accounts abroad in anticipation of the potential seizure of such accounts with regard to the Cairn legal dispute, a Finance Ministry statement said Sunday.

Indian govt to challenge Hague tribunal's award in favour of Cairn

Indian govt to challenge Hague tribunal's award in favour of Cairn

Mar 25, 2021, at 03:37 am

The Hague/IBNS: India is believed to have challenged the decision of a three-member tribunal at the Permanent Court of Arbitration at The Hague dismissing its Rs 10, 247 crore tax claim on Cairn Energy Plc, said media reports.