- Published at
- by bloombergquint.com
positive
positive
Supreme Court To Lay Down Contours Of Third-Party Litigation Funding In India
The aspect of third-party litigation funding will require a consideration by the top court, the Supreme Court said on Friday.
It said so in an appeal filed by SBS Holdings Inc. against a decision of the Delhi High Court, which said that a third party funder that is not a party to the arbitration proceedings cannot be held liable for discharging the awarded amount merely because it has funded a party in the proceeding.