India has filed for the ruling in the Singaporean arbitration court’s against its verdict of $2 billion tax claim against Vodafone Group Plc. The court sided with Vodafone over India’s imposition of a tax liability on the company and claimed that it was a breach of an investment treaty agreement between India and Netherlands.
India has however lost another case against Cairn Energy in international arbitration court’s and has been ordered to pay the UK-listed company over $1.2 billion in damages and costs.