TAX TUSSLE

Dec 2020:

$1.2-billion arbitration award registered in six countries, including the US, UK, Canada, and Singapore

June 2021:

Cairn Energy files case in New York, seeking claim on govt-owned Air India

July 2021:

Tribunal judiciaire de Paris orders the freezing of 20 Indian properties in Paris

Aug 2021:

Union govt enacts Taxation Laws

(Amendment) Act 2021, scrapping retro tax law

Sept 2021:

Cairn announces withdrawal of cases against India