Third Party Funding in India’s Arbitral Proceedings

  • Prithiv Raj Sahu
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  • Prithiv Raj Sahu

    Student at KIIT School of Law, Bhubaneswar, India

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Abstract

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.

Keywords

  • TPF
  • Litigation Financing
  • Investors
  • Arbitration
  • International Arbitration.

Type

Research Paper

Information

International Journal of Law Management and Humanities, Volume 4, Issue 5, Page 1330 - 1334

DOI: https://doij.org/10.10000/IJLMH.112050

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This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.

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