Cairn obtains order to seize Indian properties in Paris

Cairn Energy has secured a French court order giving it the right to seize around 20 properties in central Paris belonging to the government of India or state-owned companies, local and international media reported. The move is the latest twist in the British energy company’s long-running dispute with New Delhi to enforce a USD1.26 billion arbitration award. In May, it sued Air India (AI, Mumbai Int'l) claiming that the state-owned flag carrier is the alter ego of the country itself and… (www.ch-aviation.com) और अधिक...