Bhutoria, who is also CII sub-committee chairman, was speaking at a conference on 'Legal Dimension of Infrastructure Development' here.
"The process, which was supposed to ensure quick resolution is getting entangled in the legal system, leading to delay in decision making. This is threatening the viability of many infrastructure projects in our country," he said.
"The Indian judiciary should facilitate infrastructure development by providing speedy resolutions. Our country's economic progress hinges on this," Bhutoria said.
Calcutta High Court Justice Soumen Sen said the concept of making mediation mandatory before proceeding to litigations has become an important alternative tool, for settling disputes for infrastructure projects.
"The concept of single tax is not applicable in the sector. Buyers have to shell out the stamp duty, and no credit on input tax is available," he added.
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