Published in:
Business Standard
Pubished on:
28 Jan 2016
As part of Prime Minister Narendra Modi's 'ease-of-doing-business' initiative, the government today set up an expert committee to review an over 50-year-old law dealing with specific fulfilment of a contract.
The committee set up by the Legislative Department in the Law Ministry will review the Specific Relief Act, 1963, keeping in mind the present scenario involving contract-based infrastructure, public-private partnerships and other public projects involving huge investments and enforceability of the contracts.