Cost of Correcting Corruption – Does Cancelling 2G Licenses Constitutes Expropriation Actionable Under International Investment Law?
ABSTRACT While the Supreme Court’s decision in the case of Centre for Public Interest Litigation v. Union of India cancelling the 122 fraudulently issued 2G licences was considered by many as upholding the constitutional fundamentals of equality and equanimity, it has exposed the Indian government to actions under international investment arbitration for disregarding the very […]