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Govt mulls if it'd challenge arbitration award in Vodafone’s favour

Nov 17, 2020 21:37 IST

The Centre on Tuesday sought time in the Delhi High Court to respond whether it would challenge an international arbitration tribunal’s award in favour of telecom major Vodafone in connection with a tax dispute. In September, an international arbitration court has ruled that the Indian government seeking ₹22,100 crore in taxes from Vodafone using retrospective legislation was in breach of the bilateral investment protection pact between India and the Netherlands.