Ms Suriti Chowdhary

Suriti Chowdhary

Updates

Arbitration & ADR

OnDemand: Three's a crowd? Third-party arbitration funding
India | 03 August 2017

While third-party funding is expressly recognised in the context of civil suits in several states, the legality of third-party funding in arbitrations cannot be adduced from the select group of Indian states which allow third-party funding in civil suits. However, a constitutional bench of the Supreme Court has noted that a champerty contract in which returns are contingent on the success of the case is not per se illegal.