What is Bilateral Investment Treaty (BIT)? Describe various reasons for which India is being sued in different cases. Do you think that there is need to redraw the BITs in India’s context? Explain. (200 W/ 12 ½ M)

Source: https://thewire.in/law/why-high-profile-foreign-investors-and-multinational-companies-sue-india Model Answer: Foreign investments are inevitable to expand our infrastructure projects. BIT should offer certain degree of protection to investor as well it should actualise our developmental goals. In this context, model BIT deserves greater analysis to understand various features. The government had brought a new Model Bilateral Investment Treaty (BIT) in 2016 … Continue reading What is Bilateral Investment Treaty (BIT)? Describe various reasons for which India is being sued in different cases. Do you think that there is need to redraw the BITs in India’s context? Explain. (200 W/ 12 ½ M)