It is a process in which an external third party agrees to fund one of the parties involved in arbitration in exchange of some part or share in the compensation awarded, if the funded party wins. When it comes to regulatory frameworks for TPF, it has gained proper legal recognition in various jurisd
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The government is usually hesitant about arbitration when it comes to public procurement contracts. Scholars have always pointed out that when the state enters into a contract, even though it acts like a private party, but it carries certain responsibilities towards public. This, as already mentione
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India's push towards rapid infrastructure development has resulted in large-scale projects such as highways, metro rail systems, smart cities, and renewable energy parks. With projects of this scale, disputes are almost unavoidable. The most common issues include delays in completion, cost overruns,
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EPC contracts are widely used in construction and infrastructure projects. Under this model, the EPC contractor assumes responsibility for engineering design, procurement of materials, and the construction of the entire project for a fixed price and by a fixed completion date. The client or employer
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On one hand, this digitization has helped a lot with economic growth in India, like boosting development in ways that were not there before. But then, it comes with these tricky privacy issues, things like data breaches or sharing information wrongly, and also that algorithmic profiling where they b
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In India, each sector has set Foreign Direct Investment (FDI) caps that limit the number of foreign ownership percentages allowed. While many sectors allow for 100% FDI under the automatic route, some strategic sectors, such as defence, insurance, banking, and broadcasting, have limits and/or other
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Timelines are the first reason why arbitrators work more quickly than any other means of dispute resolution. The increasing cases within the Court System due in large part to the increase in Volume of court filings, which has resulted in delays associated with hearing delays, procedural problems, ap
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Only an Advocate on Record can file a vakalatnama. They handle pleadings and other documents in the Supreme Court. Plenty of lawyers might argue cases out loud. Still, every petition needs to go through an AOR. That includes appeals, applications, and interlocutory papers, too.
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Arbitration was brought into the picture as a substitute for conventional litigation with the assurance of being quicker, more adaptable, and economical. Yet, in India, the experience of arbitration has tended to go off track from the intended aim. Regardless of numerous rounds of legislative change
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