Third-Party Funding for Dispute Resolution in India
Exploring Recent Developments and the Legal Landscape
April 02, 2024
 

Third-Party Funding (“TPF”) has been gaining traction globally for enabling access to justice for litigants. It is now increasingly used to equip litigants to pursue claims against deep-pocketed defendants through TPF Agreements or other similar products.

In this light, it becomes pertinent to understand the legal landscape surrounding TPF. This paper analyses the legal position regarding TPF in jurisdictions like England, Singapore, Hong Kong and India. It explores the enforceability and structure of TPF Agreements, principles governing third-party financiers’ exposure to costs, TPF vis-à-vis the insolvency process, exchange control law and tax law considerations, and various contemporary developments taking place in this space.

Please click here to access our paper.

Regards,

Ansh Desai, Anirudh Srinivasan, Nishanth Kadur, Mohammad Kamran, Ashish Kabra and Vyapak Desai

 

For any help or assistance, please email us on concierge@nishithdesai.com.

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Disclaimer

The contents of this hotline should not be construed as legal opinion. View detailed disclaimer.

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Third-Party Funding for Dispute Resolution in India

Exploring Recent Developments and the Legal Landscape

April 02, 2024

 

 

Third-Party Funding (“TPF”) has been gaining traction globally for enabling access to justice for litigants. It is now increasingly used to equip litigants to pursue claims against deep-pocketed defendants through TPF Agreements or other similar products.

In this light, it becomes pertinent to understand the legal landscape surrounding TPF. This paper analyses the legal position regarding TPF in jurisdictions like England, Singapore, Hong Kong and India. It explores the enforceability and structure of TPF Agreements, principles governing third-party financiers’ exposure to costs, TPF vis-à-vis the insolvency process, exchange control law and tax law considerations, and various contemporary developments taking place in this space.

Please click here to access our paper.

Regards,

Ansh Desai, Anirudh Srinivasan, Nishanth Kadur, Mohammad Kamran, Ashish Kabra and Vyapak Desai

For any help or assistance, please email us on concierge@nishithdesai.com.

Do visit us at www.nishithdesai.com.

 

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Disclaimer

The contents of this Publication should not be construed as legal opinion. View detailed disclaimer.

This Publication provides general information existing at the time of preparation. The Publication is intended as a news update and Nishith Desai Associates neither assumes nor accepts any responsibility for any loss arising to any person acting or refraining from acting as a result of any material contained in this Publication. It is recommended that professional advice be taken based on the specific facts and circumstances. This Publication does not substitute the need to refer to the original pronouncements.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.
 
 

 

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