Views: Classes from UNCTAD for India on the right way to keep away from Vodafone, Cairn-like tax tussles

The unanimous determination towards India on the Everlasting Court docket of Arbitration in Vodafone and Cairn Power circumstances highlights the importance of the Truthful and Equitable Remedy (FET) clause in bilateral funding treaties (BIT). In each these circumstances, nations assured one another honest and equitable therapy, and arbitration in case of disputes.

GoI, as a part of the aftermath of Vodafone and Cairn Power, modified its coverage to exclude tax from