Month: June 2021

Cairn energy has reportedly secured a French Court’s order to seize 20 properties of Indian Government to partially recover a $1.7 billion arbitration award. The Finance Ministry has clarified that it has not received any notice, order or communication from any French Court. Our partner – Ms. Mani Gupta – spoke to The New Indian Express regarding this development and the Indian government’s options from here…

In our last post, we had covered the requirement that all the companies which use accounting software need to use such software which enables them to record audit trails and the same needs to be mentioned in the Auditor’s Report as well. This compliance has been deferred until 01 April, 2022 giving time to businesses to make their internal systems ready for such transition…