1.4 billion dollar point - wants to meet Nirmala Sitharaman CEO of Cairn Energy, has not met Finance Ministry or not

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India News – Cairn Energy CEO Simon Thomson has sought an appointment with Finance Minister Binamala Sitharaman over the number of the arbitration court. Thomson wants the government to give the company $ 1.4 billion soon, according to the courtline that came in the retrospective tax case. The company wrote a letter to the government last month, stating that if its money is not received soon, it will be forced to seize its assets. The CEO of Cairn Energy has not yet received an appointment with the finance minister from the ministry.

CEO has appealed to the government to pay soon in the tweet

The company has issued a tweet containing its CEO, in which he has appealed to the government to pay soon by accepting a court order. According to the tweet, “Cairn Energy CEO Simon Thomson will meet the Finance Minister in Delhi next week.” In December last year, an international tribunal had said in its order that the Indian government should fulfill its responsibility under the bilateral investment treaty with Britain. has failed. In one case, the Income Tax Department imposed a tax of Rs 10,247 crore on the company from the previous date.

$ 1.4 billion payment required by Cairn’s shareholders

Thomson said in his video, “The carcinogenicity in the case has been completed and the order has been issued.” We request the government to follow the order at the earliest. He said that this is necessary for Cairn’s shareholders – Global Financial Institute Yushan, who want a positive investment climate in India. Thomson has described Cairn as a great example of managed investment and partnership in India.

Government took 10% stake in Cairn India to run

The infant department had escaped 10% of the company’s share in Cairn India. In 2006-07, he had demanded a tax of Rs 10,247 crore on the capital gains to the company by re-arranging the business in India prior to listing. In its order, the tribunal has asked the government to pay a total of $ 1.4 billion including interest and other expenses along with a principal amount of $ 1.2 billion.

Cairn wants to know the attitude of the Indian government regarding payment

Cairn wants to know what is the Government of India’s position regarding the recruitment of the Arbitration Court. The shareholders of the company are pressurizing the management to withdraw the money from the government soon. The order has come more than one and a half months but there is no indication from the government about the payment. Minister of State for Finance Anurag Thakur said in the Lok Sabha this week that the Government is considering the decision of the Arbitration Court in favor of Cairn.

WORLD NEWS SUPERFASTIndia News – Cairn Energy CEO Simon Thomson has sought an appointment with Finance Minister Binamala Sitharaman over the number of the arbitration court. Thomson wants the government to give the company $ 1.4 billion soon, according to the courtline that came in the retrospective tax case. The company wrote a letter to the government last month, stating that if its money is not received soon, it will be forced to seize its assets. The CEO of Cairn Energy has not yet received an appointment with the finance minister from the ministry.CEO has appealed to the government to pay soon in the tweetThe company has issued a tweet containing its CEO, in which he has appealed to the government to pay soon by accepting a court order. According to the tweet, “Cairn Energy CEO Simon Thomson will meet the Finance Minister in Delhi next week.” In December last year, an international tribunal had said in its order that the Indian government should fulfill its responsibility under the bilateral investment treaty with Britain. has failed. In one case, the Income Tax Department imposed a tax of Rs 10,247 crore on the company from the previous date.$ 1.4 billion payment required by Cairn’s shareholdersThomson said in his video, “The carcinogenicity in the case has been completed and the order has been issued.” We request the government to follow the order at the earliest. He said that this is necessary for Cairn’s shareholders – Global Financial Institute Yushan, who want a positive investment climate in India. Thomson has described Cairn as a great example of managed investment and partnership in India.Government took 10% stake in Cairn India to runThe infant department had escaped 10% of the company’s share in Cairn India. In 2006-07, he had demanded a tax of Rs 10,247 crore on the capital gains to the company by re-arranging the business in India prior to listing. In its order, the tribunal has asked the government to pay a total of $ 1.4 billion including interest and other expenses along with a principal amount of $ 1.2 billion.Cairn wants to know the attitude of the Indian government regarding paymentCairn wants to know what is the Government of India’s position regarding the recruitment of the Arbitration Court. The shareholders of the company are pressurizing the management to withdraw the money from the government soon. The order has come more than one and a half months but there is no indication from the government about the payment. Minister of State for Finance Anurag Thakur said in the Lok Sabha this week that the Government is considering the decision of the Arbitration Court in favor of Cairn.
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