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GoM to mull if imposing conditions would violate BIPA

The 5 member group of ministers that has been set up to look into the Cairn Vedanta deal will have to decide whether imposing pre conditions for approving the transaction like withdrawal of CESS arbitration and accepting royalty as cost recoverable would be in violation of India's bilateral investment promotion treaty with the UK or not.

first published: May 6, 2011 07:23 pm

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