Cairn CEO Simon Thomson, who last month met top finance ministry officials for three straight days over the issue, said the Indian government should keep its word on honouring arbitration awards and return the USD 1.4 billion that an international arbitration tribunal has ordered rescinding a retrospective tax demand.Cairn wants India to honour its word and pay $1.4 billion, shareholders to seek enforcement
Cairn CEO Simon Thomson, who last month met top finance ministry officials for three straight days over the issue, said the Indian government should keep its word on honouring arbitration awards and return the USD 1.4 billion that an international arbitration tribunal has ordered rescinding a retrospective tax demand.
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