THIRD PARTY FUNDING FOR ARBITRATION IN INDIA

  • Rohit Kumar Singla Student: LLM Commercial Arbitration - Academic Year 2021-2022 Manav Rachna University Sector – 43, Aravalli Hills, Delhi – Surajkund Road, Faridabad – 121004, Haryana.
Keywords: Arbitration, Third Party Funding (TPF), Third Party Funder, Arbitration And Conciliation Act 1996, Necessity To Legislate

Abstract

Third Party Funding in Arbitration is the need of the hour in India,, because of increasing fears of Insolvency and Bankruptcy Code 2016 (IBC) as well as sudden eruption of financial problems due to Covid-19, to different business segments. In this Research Paper, an attempt have been done to analyse the research questions, research hypothesis, research methods, public policy of India, Third Party Funding legislations in the some prominent international centres of arbitration and hence concluding the necessity to legislate Third Party Funding for Arbitration in India, to become a prominent entre of arbitration..
Published
2021-12-01