The Ministry of Finance is certain that whenever the company goes to an Indian court with a request for enforcement of the award, it will object. TopicsCenter | Vodafone | foreign funds The Indian government will challenge Vodafone’s arbitration award, but will also approach international pension and insurance funds interested …
Read More »Vodafone wins Rs 20,000 arbitration against India
NEW DELHI: global telecommunications giant Vodafone has won a long-pending arbitration against India with the Permanent Court of Arbitration in Hague ruling that the tax authorities had violated the provisions of the Bilateral Investment Treaty with the Netherlands by retroactively amending the law to require more than Rs 20 billion …
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