SIS Live’s ongoing fight to receive payment for its work on India’s 2010 Commonwealth Games was raised in Parliament this week.
SIS Live provided outside broadcast facilities at the Games, but despite formal arbitration and attempts by British diplomats the company has yet to be paid in full for its services.
SIS Live says it is owed a total of £29m: £12m for the contracted services, £3m for a performance bond that was seized and £14m for liquidated damages, interest and exchange rate losses.
MPs have now called for action on the outstanding debt prior to Indian prime minister Narendra Modi’s visit to the UK in November.
In a debate on Tuesday, MP for Tewkesbury Laurence Robertson said to the minister of state, Foreign and Commonwealth Office Hugo Swire: “SIS is a perfectly respectable British company who fully delivered on their commitments in the 2010 Commonwealth Games held in Delhi.
“Would the minister agree with me that the outstanding debt of £29m should be paid to SIS in advance of the Indian prime minister’s visit to this country later this year?”
Swire replied: “We very much hope it will be resolved before prime minister Modhi comes here shortly…bilateral trade with India is extremely good, but I think what’s important is the signal it sends to other potential British companies looking to invest in India.”
The Games were hit by corruption scandals and several cases are still being heard in courts.
Prime minister Modi will be the first Indian prime minister to visit the UK since Manmohan Singh’s visit in 2006.