India reportedly plans no major changes to dispute rules for foreign companies
The Economic Times reports that current rules require foreign investors to pursue disputes through Indian courts for five years before seeking international arbitration.
TLDR
The Economic Times, citing a source, reports that India does not plan a major overhaul of its bilateral investment treaty dispute-resolution framework. The report says foreign businesses have complained about lengthy legal processes, and a government review is examining concerns about delays and investment barriers. Current rules require foreign investors to pursue disputes through Indian courts for five years before seeking international arbitration.
India reportedly plans no major changes to dispute rules for foreign companies
The Economic Times reports that current rules require foreign investors to pursue disputes through Indian courts for five years before seeking international arbitration.
TLDR
The Economic Times, citing a source, reports that India does not plan a major overhaul of its bilateral investment treaty dispute-resolution framework. The report says foreign businesses have complained about lengthy legal processes, and a government review is examining concerns about delays and investment barriers. Current rules require foreign investors to pursue disputes through Indian courts for five years before seeking international arbitration.