Business Standard

Vodafone Plc's arbitration win: Should India challenge the decision?

The verdict given by the arbitration panel says Vodafone was entitled to fair and equitable treatment in respect of its investment in mobile telecommunication in India in line with BIT.

Photo: Bloomberg
Premium

Photo: Bloomberg

Indivjal DhasmanaMegha Manchanda New Delhi
While India can challenge at the Singapore High Court the order given by the Permanent Court of Arbitration (PCA) at the Hague in favour of Vodafone, experts have varied views whether New Delhi should exercise that option in the context of its impact on investor sentiment.

Anuradha Dutt, founder and senior partner at DMD Advocates, who represented Vodafone in arbitration, said: “The arbitration of any court is legally binding but can be challenged ... they (the government) can approach the Singapore High Court.”

Anjali Anchayil, senior associate at J Sagar Associates, does not think investors will be spooked by the challenge any

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 27 2020 | 2:58 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com