Third Party Funding in India’s Arbitral Proceedings

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.