Nepal
New Straits Times | 14-Apr-2020
Axiata said the payment was made under protest and will seek remedies including restitution of sums already paid in the international arbitration proceedings.
The Annapurna Express | 2-Mar-2020
Nepal has signed six bilateral investment treaties that can be described as first generation i.e. a template of BITs that were championed by inves­tor-friendly Western European countries
Developing Telecoms | 8-Jan-2020
The ICSID has issued an interim order preventing Nepal’s government from collecting capital gains tax on Axiata’s acquisition of Ncell.
Himalayan Times | 2-Jan-2020
The ICSID had issued an interim order directing the government not to take any steps to enforce its decision to collect the outstanding capital gains tax.
Himalayan Times | 20-Dec-2019
A US-based international court issues interim order directing the Nepal government not to impose capital gains tax on Ncell buyout deal for the time being.
Nepali Times | 7-May-2019
Axiata UK may be required to exhaust local remedies before resorting to arbitration under the UK-Nepal investment treaty
Mobile World Live | 29-Apr-2019
Axiata Group’s UK subsidiary and Nepal mobile unit filed a request for arbitration with the International Centre for the Settlement of Investment Disputes, regarding a capital gains tax bill levied by Nepali authorities.