India’s poor compliance with investment awards

Ranjan, Prabhash (2022) India’s poor compliance with investment awards. The Hindustan Times.

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Abstract

The roller-coaster ride of the interminable Devas saga continues. In the latest twist, Canadian courts have permitted the attachment of Air India's assets on the plea of foreign shareholders of Devas Multimedia. The order seizing assets of Airports Authority of India has been set aside. These investors are trying to recover more than $1.1 billion that India owes them under the bilateral investment treaty (BIT) arbitration award, which the government has not complied with.

Item Type: Article in News Papers and Magazine
Keywords: Treaties and Agreements | Space Programs | Foreign Investment
Subjects: Social Sciences and humanities > Social Sciences > Social Sciences (General)
JGU School/Centre: Jindal Global Law School
Depositing User: Subhajit Bhattacharjee
Date Deposited: 06 Jul 2022 09:51
Last Modified: 06 Jul 2022 09:51
Official URL: https://www.hindustantimes.com/opinion/indias-poor...
URI: https://pure.jgu.edu.in/id/eprint/3626

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