Tamil Nadu has no locus standi in Nissan global dispute: Centre to court

The Central Government has submitted the Madras High Court that the dispute raised by Japanese automajor Nissan against the Union of India under the Comprehensive Economic Partnership Agreement (CEPA) has to be heard by the Tribunal itself and the Government of Tamil Nadu has no locus to file a petition in the High Court against the dispute in the International Tribunal.This was submitted in a counter affidavit by the centre on a petition filed by the Government of Tamil Nadu seeking injunction against the International Tribunal, Singapore, hearing a complaint raised by Nissan against India, invoking the sections of CEPA. The dispute is related to an alleged non-payment of tax incentives, on which Nissan has raised a claim of around Rs 5,000 crore, with the Intarnational Arbitration. The State government argued that the dispute is pending with the Madras High Court and as per the agreement between the company and the State government, it has to be heard in the Madras High Court ...