A new branch of the London Court of International Arbitration (LCIA) has opened in New Delhi, marking the latest step in the opening-up of the Indian legal market to international law firms. The court will enable foreign companies operating in India to resolve disputes under London arbitration rules without the need to go overseas. Companies are currently forced to take such issues to established arbitration centres such as London or Singapore, or to use the slow and often unreliable Indian court system.
April 21, 2009 at 05:36 AM
1 minute read
The original version of this story was published on Legalweek
A new branch of the London Court of International Arbitration (LCIA) has opened in New Delhi, marking the latest step in the opening-up of the Indian legal market to international law firms.
The court will enable foreign companies operating in India to resolve disputes under London arbitration rules without the need to go overseas.
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