05 Aug 2016

The government’s efforts to make India more business and investment friendly involve structural changes, regulatory amendments as well as a thrust on economic diplomacy. The Draft Model for India’s Bilateral Investment Treaty (“BIT”) released by the government in 2015 is one more instrument that has significant potential to attract foreign investment into India while also encouraging Indian businesses to expand globally.>>

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17 Nov 2015

For many years, arbitration has been a commonly followed process to settle disputes in India, although with time, different custodians have been vested responsibility for dispute resolution.  For centuries, the heads of families helped amicably resolve issues even though many of them lacked formal legal training or indeed, any experience at all. Later, councils of “village elders” (Panchayats) were formed to facilitate resolution of disputes. The authority and powers vested in them made their decisions more binding.>>

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12 Nov 2015

The Arbitration and Conciliation (Amendment) Ordinance, 2015 was promulgated by the President of India on October 23rd 2015. The ordinance is effective at once and is expected to bring more clarity and speed to the arbitration process in India. This is another major step in the evolution of India’s legal framework and will likely play a major role in boosting the confidence of domestic and foreign businesses as they explore investments in India.>>

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