Cairn Energy has wrong-footed the government
This comes a month after a tribunal at the Permanent Court of Arbitration in The Hague ordered India to return $1.2 billion to UK's Cairn Energy Plc
The tribunal, in a 582-page judgment on December 21, ordered return of the value of shares that the Income Tax Department sold
The international court's ruling shows that a law amended by India's parliament has remained only on paper
Dutt is a senior partner at DMD advocates, the law firm that represented Vodafone at The Hague
The PCA ruling will test China's assurances of a 'peaceful rise'