According to insiders and media

[RufaidaKhatun]

However, he said the government is trying to verify the facts and that whenever such an order is received, appropriate legal remedies will be taken, in consultation with his counsel, to protect India’s interests.

Reports from Paris surfaced on Thursday that Cairn has obtained a French court order to seize around 20 Indian government properties in France to recover part of the $ 1.2 billion arbitration award.

French courts on Wednesday completed legal proceedings over the takeover of Indian assets that began last month when it ordered the takeover in favor of the energy company.

“… The Government of India has not received any notice, order or phone number library communication in this regard from a French court. The government tries to verify the facts, and whenever such an order is received, appropriate legal remedies will be taken, in consultation with its advisers, to protect the interests of India, ”a statement from the Ministry of Finance said. On the question.

The statement added that the government has already filed a request on March 22, 2021 to set aside the international arbitration award of December 2020 at the Court of Appeal in The Hague and that India is vigorously defending its case in the annulment proceedings in La Hague.
The statement also said that Cairn’s CEO and representatives have contacted the Indian government to discuss resolving the matter.

“Constructive discussions have taken place and the government remains open to an amicable solution of the dispute within the legal framework of the country,” said the Ministry of Finance.