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Doing Business in India by Dean Nelson

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Resolving Disputes

There are four ways to resolve a contractual dispute in India: negotiation, mediation, arbitration, and litigation. However, given the monetary and PR costs of entering the formal dispute process, your best initial tactic may lie in adopting the Indian approach and accepting that the contract is not as important as the relationship.

Understanding the process

It has become a common feature of foreign investment contracts in India to make provision for arbitration and conciliation overseas. However, it is always worth considering the cost and damage this could cause, and asking yourself whether you would benefit from using a local Indian mediator. As the number of investors in India has multiplied, so has the number of Indian ...

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