Indian Economy·Key Judgments

FDI Policy and Trends — Key Judgments

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Version 1Updated 5 Mar 2026

Key Judgments

Vodafone International Holdings BV vs. Union of India

2012

This landmark Supreme Court judgment clarified the territorial limits of Indian tax jurisdiction over foreign investment transactions. The Court ruled that indirect transfers of…

Cairn Energy PLC vs. Union of India (International Arbitration)

2020

The international arbitration award in favor of Cairn Energy against India's retrospective tax demands marked a crucial moment in India's FDI policy evolution. The tribunal ruled…

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