India’s Parliamentary Committee on External Affairs (the “PCEA”) recently submitted two reports to the Parliament relating to bilateral investment treaties (“BITs”). The first report –submitted in December 2021 – contained a broad review of India’s engagement with BITs and made several recommendations. The second report – submitted in July 2022 – took note of the replies given and the action taken by the Government in response to these recommendations. The two reports cast much-needed light on India’s approach towards investment treaties. This blog post identifies three key concerns expressed by the PCEA and briefly comments on India’s approach towards investment treaties based on observations gathered from the deliberations of the PCEA.
Please click here to read the full article Co-authored by Anjali Anchayil, published in Kluwer Arbitration Blog.
Anjali specialises in commercial arbitrations, litigation and complex corporate insolvencies. She handles a wide variety of matters before the Supreme Court of India, various High Courts, the National Company Law Tribunal (NCLT), the National Company Law Appellate Tribunal and arbitral tribunals.