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of <h1>Cairn Energy Wins Arbitration Against India; Government to Review Award and Consider Legal Options Under Investment Agreement.</h1> An arbitration award has been issued in the case brought by Cairn Energy Plc and Cairn UK Holdings Limited against the Government of India under the India-UK Agreement for Promotion and Protection of Investments. The Indian government plans to thoroughly review the award with legal advisors. Following this review, the government will evaluate its options and decide on the next steps, which may include pursuing legal remedies in appropriate forums.
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