Vedanta v. India Vedanta Resources PLC v. The Republic of India (PCA Case No. 2016-05)
United Kingdom
59.9% shareholding in Cairn India Limited, one of the largest oil and gas exploration companies in India.
Claims arising out of a tax bill of approximately USD 3.29 billion, imposed by the Government on Cairn India Limited in 2015, for the alleged failure to pay taxes on capital gains arising from Cairn’s operations in 2006-2007.
Primary: B - Mining and quarrying
6 - Extraction of crude petroleum and natural gas
PCA (Permanent Court of Arbitration)
Hwang, M.
Spigelman, J.
McRae, D. M.
3000.00 mln USD
Data not available
Data not available
Not applicable - settled or discontinued before decision on liability