Student at KIIT School of Law, Bhubaneswar, India
Third-party funding is becoming a more common type of arbitration environment in a variety of jurisdictions. In recent years, funding activity in India has exploded, focusing initially on investor-state arbitration but now appearing to be expanding to commercial international arbitration. This article discusses the potential for third-party funding in India. The purpose of this article is to give facts about the possibility of offering TPF in the Indian arbitration system. This essay begins with laying out a running clarification of TPF by taking an all-inclusive approach. Later, this article makes a point of mentioning the procedures used in various TPF controls. Using abroad expansions as a starting point, the article then shifts its focus to India, looking at various regulatory frameworks that indirectly allow TPF in the Indian arbitral system.
International Journal of Law Management and Humanities, Volume 4, Issue 5, Page 1330 - 1334DOI: https://doij.org/10.10000/IJLMH.112050
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