The Income Tax Department has ordered coercive action against Cairn Energy of UK, including taking away over Rs 2,000 crore dividend and tax refund, to recover part of the Rs 10,247 crore retrospective tax.
Allegations of corruption and criminal activity have been used increasingly in recent years in French courts to argue for the setting aside of arbitral awards on the grounds of a breach of international public policy.
El 13 de mayo de 2020, el tribunal del arbitraje de inversiones entre Teco Guatemala Holdings, LLC contra la República de Guatamala emitió su laudo en el procedimiento de nueva sumisión en la larga historia de este arbitraje cuyos inicios nos retrotraen a 2010 en CIADI.
The COVID-19 pandemic has led States to adopt various public health measures that adversely affect foreign investors and exacerbate broader economic issues. In this climate, there is significant potential for disputes under the ECT.