The need for reforming the ITAs or the system of Investor-State Dispute Settlement (ISDS) is not unique to India. Many developing countries have time and again raised concerns against ISDS and opposed this mechanism, which permits corporations to drag governments into arbitration claiming large sums of money in compensation. Even the European Union and European nations individually are opposed to ISDS in its present form and have proposed reforms including establishing a Multilateral Investment Court.
The Supreme Court of India recently declined to intervene in a case involving Pawan Kumar…
Former Diplomat Lakshmi Puri on Monday has approached the Delhi High Court in relation to…
Six individuals, accused of vandalizing actor Allu Arjun's residence in Hyderabad's Jubilee Hills, has granted…
Several Bharatiya Janata Party MLAs from Delhi have approached the Delhi High Court on Monday…
The Delhi High Court on Monday has extended the interim bail of Kuldeep Singh Sengar,…
The Supreme Court has upheld a decision by the Madras High Court granting a divorce…