Business Standard

US court sets timelines for Cairn-india lawsuit

- PRESS TRUST OF INDIA

A federal court in Washington has set timelines for responses to be filed to an Indian government petition seeking dismissal of a suit by Britain's Cairn Energy that sought enforcemen­t of a $1.2-billion arbitral award.

Judge Richard J Leon of the US District Court for the District of Colombia has given Cairn time till September 10 to file a response to the government's 'Motion to Dismiss' petition.

Thereafter, the Indian government can file a reply in support of its motion by October 1. This can be countered by Cairn by October 20 and a further two months have been granted to the Indian government to file its reply in support of its motion, according to an August 25 order of the court.

The British firm had in May asked the US federal court to force Air India to pay the $1.26 billion arbitratio­n award the firm had won in December. The government on August 13 filed a 'Motion to Dismiss' petition saying the district court lacked subject matter jurisdicti­on in the dispute between Cairn and the Indian tax authority.

CAIRN HAS GOT TIME TILL SEPTEMBER 10 TO FILE A RESPONSE TO INDIA’S 'MOTION TO DISMISS' PLEA. INDIA CAN FILE A REPLY IN SUPPORT OF ITS MOTION BY OCTOBER 1

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