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Finmin appoints Ex-CJI Lahoti as Voda arbitrator

Former Chief Justice of India (CJI) RC Lahoti is now arbitrator on the international arbitration between Vodafone and the Indian government under the India-Netherlands bilateral treaty, to decide validity of the Rs 27,000 crore tax demand from Vodafone, reported the PTI.

The finance ministry’s decision to appoint Lahoti was in response to notice served by Vodafone for arbitration under the treaty.

The government, through a retrospective amendment, had reversed the effect of a 2012 Supreme Court ruling that had absolved Vodafone of the tax liability.

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