US$3.8 billion Singapore-seated treaty arbitration under the UNCITRAL Rules relating to Vedanta’s claims against the Republic of India under the United Kingdom-India Bilateral Investment Treaty

Represented Vedanta in two matters relating to a Singapore-seated treaty arbitration under the UNCITRAL Rules arising from its claims, which are valued in excess of US$3 billion, against the Republic of India under the United Kingdom-India Bilateral Investment Treaty arising from India’s retrospective usage of legislation to impose capital gain taxes and interest in relation to certain sale proceeds. Partners Andre Yeap, SC, Kelvin Poon, SC, and Matthew Koh from the International Arbitration Practice Group led the case.