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Air India

Cairn Energy sues Air India to enforce $1.2bn arbitration award
Business & Finance

Cairn Energy sues Air India to enforce $1.2bn arbitration award

  • "The nominal distinction between India and Air India is illusory and serves only to aid India in improperly shielding its assets from creditors like (Cairn)," the filing said.
  • The senior government official noted New Delhi has filed an appeal against the arbitration award, and added "the government is confident that the award will be set aside".
Published 15 May, 2021 05:51pm