Defence against arbitration award enforcement: GoI engages legal team to counter Cairn's moves

Cairn filed the lawsuit on Friday in the district court for the Southern District of New York seeking to make Air India liable for the arbitration award. To back its argument, Cairn has cited many reasons ranging from Air India's nationalisation to the government's control over its day-to-day business, appointment of executives, financial bailouts and a court ruling recognising the airline as the state.

via Economictimes