What the New Indian Model BIT Might Look Like?

I have written a post for Kluwer Arbitration Blog on the prospects of the new Indian model Bilateral Investment Treaty (BIT).  It can be accessed here.

The post evaluates the possible modifications that are being considered in the new model BIT. While some stipulated modifications are well thought, others may be dwelled into with fresh view. While only the final BIT will clear the clouds, I hope the drafters, after reading the post are able to consider the views as well as the implications of the stipulated modifications. Have a look.

Arbitration Amendments: Through Ordinance or Parliament Debate?

Many newspapers, here, here, here, here  and here have reported that the ordinance for change in arbitration law has been passed. The reports also mention that most of the recommendations of the Law Commission of India submitted in its 246^th Report have been incorporated. The ordinance however, is not yet publicly available.

I have learnt that the ordinance has not yet been passed as the President has not yet signed it. There is a new report stating that the amendment Bill might now be tabled in the Parliament.

Happy New Year!!

Wishing all our readers a great year. Thank you for your support and trust. May the year be eventful for all of you! Let 2015 begin! 

Image from here.