Cairn identifies $70 bn Indian assets for seizing to recover amount due from govt ...Middle East

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Cairn identifies $70 bn Indian assets for seizing to recover amount due from govt
UK's Cairn Energy has identified USD 70 billion of Indian assets overseas for the potential seizure to collect USD 1.72 billion due from the government -- a move if successful will put India in league with Pakistan and Venezuela which faced similar enforcement action over failure to pay arbitration awards.

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