Indians In International Arbitration

The international arbitration tribunal at the Hague had ruled that the Indian government's imposition of a tax liability on Vodafone was in breach of the investment treaty agreement between India and the Netherlands

Cairn in March 2015 filed a formal dispute against a demand for more than $1.6 billion from the Indian tax department that dates back to the 2007 listing of its then Indian operation

Telecom giant Vodafone on Friday won a significant ruling against the Indian government in an international court over Rs 20,000 crore in dues which it had described as unfair.

Nissan Motor Co has agreed to settle a long-running dispute with the Indian state of Tamil Nadu after claiming it was owed Rs. 5000 crore ($660 million) in unpaid dues and damages, six sources told Reuters.

An international arbitration court on Monday began hearing Italy's request to direct India to drop all criminal charges against two of its marines, accused of killing two Indian fishermen off the Kerala coast in 2012 and grant Rome jurisdiction in the case.

The centre on Tuesday informed the Madras High Court that it intended to object to the jurisdiction of the international tribunal in the Nissan Motor case, as the Japanese automaker has already approached an Indian court in the matter.

Cairn had before an international arbitration tribunal in July last year sought $5.6 billion in compensation from the Indian government for raising a retrospective tax demand of Rs 10,247 crore on a decade old internal reorganisation of its India unit.

The Supreme Court today allowed Massimiliano Latorre, the second Italian marine accused of killing two Indian fishermen off the Kerala coast in 2012, to remain in his country till the international arbitral tribunal decided the jurisdictional issue.

As India seeks to develop into a hub of international arbitration, Law Minister Ravi Shankar Prasad today lamented that only a "small fragment" of members from the Indian judiciary are part of the international dispute resolution mechanism.

Cairn has initiated an international arbitration seeking $5.6 billion in compensation from the Indian government in case the retrospective tax demand of Rs 29,047 crore is not quashed.

British explorer Cairn Energy plc said it has initiated an international arbitration to seek $5.6 billion in compensation from the Indian government in case a retrospective tax demand of Rs 29,047 crore is not quashed.

India has lost a major case in international arbitration involving spectrum and satellites and may have to pay up to a billion dollars in damages. Today's verdict from the International Tribunal at the Hague could further the perception of India as an unreliable recipient of foreign investment, one who is prone to abrupt policy changes.

India has hired two foreign lawyers, experts in international arbitration, to argue the Italian marines case at an International Tribunal in Germany next week.

Abdulqawi Ahmed Yusuf of the International Court of Justice has been named as the neutral judge on the international arbitration panel looking into Vodafone's Rs 20,000-crore tax dispute with the Indian government over an eight-year-old acquisition.

According to filing with bourses, the Indian infra major said, in addition to that, a plea for award of further damages for loss of reputation caused to GMR as a consequence of wrongful repudiation of the Concession Agreement has also been made to the Arbitral Tribunal in Singapore.

The international arbitration tribunal at the Hague had ruled that the Indian government's imposition of a tax liability on Vodafone was in breach of the investment treaty agreement between India and the Netherlands

Cairn in March 2015 filed a formal dispute against a demand for more than $1.6 billion from the Indian tax department that dates back to the 2007 listing of its then Indian operation

Telecom giant Vodafone on Friday won a significant ruling against the Indian government in an international court over Rs 20,000 crore in dues which it had described as unfair.

Nissan Motor Co has agreed to settle a long-running dispute with the Indian state of Tamil Nadu after claiming it was owed Rs. 5000 crore ($660 million) in unpaid dues and damages, six sources told Reuters.

An international arbitration court on Monday began hearing Italy's request to direct India to drop all criminal charges against two of its marines, accused of killing two Indian fishermen off the Kerala coast in 2012 and grant Rome jurisdiction in the case.

The centre on Tuesday informed the Madras High Court that it intended to object to the jurisdiction of the international tribunal in the Nissan Motor case, as the Japanese automaker has already approached an Indian court in the matter.

Cairn had before an international arbitration tribunal in July last year sought $5.6 billion in compensation from the Indian government for raising a retrospective tax demand of Rs 10,247 crore on a decade old internal reorganisation of its India unit.

The Supreme Court today allowed Massimiliano Latorre, the second Italian marine accused of killing two Indian fishermen off the Kerala coast in 2012, to remain in his country till the international arbitral tribunal decided the jurisdictional issue.

As India seeks to develop into a hub of international arbitration, Law Minister Ravi Shankar Prasad today lamented that only a "small fragment" of members from the Indian judiciary are part of the international dispute resolution mechanism.

Cairn has initiated an international arbitration seeking $5.6 billion in compensation from the Indian government in case the retrospective tax demand of Rs 29,047 crore is not quashed.

British explorer Cairn Energy plc said it has initiated an international arbitration to seek $5.6 billion in compensation from the Indian government in case a retrospective tax demand of Rs 29,047 crore is not quashed.

India has lost a major case in international arbitration involving spectrum and satellites and may have to pay up to a billion dollars in damages. Today's verdict from the International Tribunal at the Hague could further the perception of India as an unreliable recipient of foreign investment, one who is prone to abrupt policy changes.

India has hired two foreign lawyers, experts in international arbitration, to argue the Italian marines case at an International Tribunal in Germany next week.

Abdulqawi Ahmed Yusuf of the International Court of Justice has been named as the neutral judge on the international arbitration panel looking into Vodafone's Rs 20,000-crore tax dispute with the Indian government over an eight-year-old acquisition.

According to filing with bourses, the Indian infra major said, in addition to that, a plea for award of further damages for loss of reputation caused to GMR as a consequence of wrongful repudiation of the Concession Agreement has also been made to the Arbitral Tribunal in Singapore.