Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
No Investor Claims for Investments Linked to Corruption or Fraud: India and UAE Sign Bilateral Investment Treaty
India and the UAE have signed a Bilateral Investment Treaty (BIT), which aims to protect investments between the two countries while excluding any claims linked to corruption or fraud. The treaty will provide a robust framework for investor protection, ensuring fair treatment while reinforcing anti-corruption measures. The BIT will help facilitate greater cross-border investments, offering legal recourse for investors, except in cases where investments are tainted by illegal activities such as money laundering or fraud.