Air India asks New York court to dismiss Cairn’s plea business – Times of India Videos

Air India has asked a New York court to dismiss a petition filed by UK’s Cairn Energy against the Indian government for confiscation of its assets to enforce USD 1.2 billion arbitral awards, saying that The litigation was premature as the appeal against the arbitration award was still pending. The petition by the airline, which differs from the Indian government’s plea in a Washington court seeking to dismiss Cairn’s suit for confirmation of the arbitral award, said the New York District Court had “mere hypothetical questions”. Or one that depends on contingent future events that may or may not happen.