article/opinion/columns/can- indian-invoke-state- sovereignty-to-prevent- seizure-of-assets-abroad-in- cairn-energy-case-7408514/
article/opinion/editorials/ indian-government-cairn- energy-french-court-7397361/
com/analysis/india-s- retrospective-taxation- blunder-is-still-extracting- heavy-costs/story- gg6EfPCj02UKZQdflcKhzK.html
- In the intro, mention the recent order of a French court to attach Indian assets in France.
- In the body, explain the purpose of retrospective taxation and its implications for investment prospects in India. In the suggestion mention making the law prospective and honouring the judgement of the ISDS as fighting cases will consume an enormous amount of time, money, and resources, in addition to attracting bad press internationally.
Conclude by mentioning the need to avoid damaging the investor’s sentiment at the time when India seeks to attract investment.