Tuesday 15 June 2021

Cairn looks to seize Air India assets to recover $1.7 bn award due from Indian govt

Cairn on May 14 filed a lawsuit in the US District Court for the Southern District of New York seeking declaration of Air India as the 'alter ego of Indian government' by virtue of control and as a state-owned company it "legally indistinct from the state itself", three sources with direct knowledge of the development said.

from Zee News :Business

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