Investor reaction on BIT ruling


Dear Editor,

I have read your article (Stress test, May 2018) on bilateral investment treaty (BIT) arbitration, which I think is quite well-researched and exhaustive. It would be interesting to see how investors react to Delhi High Court’s ruling in Union of India v Vodafone Group Plc United Kingdom and Anr because several of them might have an issue with a national court having jurisdiction per se in BIT disputes. This was argued by Vodafone quite strongly and dismissed by the court as a logical argument.

Mamta Tiwari
Of Counsel, Fox Mandal & Co