Delhi High Court Dismisses Govt Plea Against Vodafone Move

first_imgThe Delhi High Court on Monday dismissed the Centre’s plea challenging Vodafone’s move to initiate international arbitration against India over a retrospective tax liability imposed on the telecom firm for its $11-billion deal to acquire the stake of Hutchison Telecom. The court dismissed the government’s plea to halt Vodafone’s arbitration proceedings under the India-United Kingdom Bilateral Investment Protection Agreement (BIPA).Read it at Indian Express Related Itemslast_img