Entitled of relief to restrain Vodafone from initiating second international arbitration: Centre to HC

The Centre Tuesday told the Delhi High Court that it was entitled to the relief of restraining telecom major Vodafone from initiating a second international arbitration against India in connection with a tax demand, irrespective of the outcome of arbitration proceedings under the India-Netherlands Bilateral Investment Protection Agreement (BIPA).

The Centre urged the high court to sine die adjourn its appeal against the single judge’s verdict permitting consolidation of two international arbitrations initiated by the company against India under the India-Netherlands and India-UK BIPA.

A bench of Justices Rajiv Sahai Endlaw and Asha Menon said it would pass an order on the appeal and indicated that it will give an option to the Centre to revive the appeal later.