India Keeps Foreign Dispute Rules
India will maintain its requirement for foreign companies to use local courts before international arbitration. The mandatory wait period may be shortened to two years. Taxation disputes will remain outside bilateral investment treaties.
Xurve View
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Xurve View
India will retain its five-year local litigation requirement for foreign dispute resolution, rejecting sweeping overhauls to bilateral investment pacts. The decision deals a setback to international investors seeking streamlined arbitration processes in the developing market. Foreign firms have long criticized the protracted legal timeline as a barrier to deployment.
