Published in:
The Financial Express
Pubished on:
19 Apr 2016
Given faster and more nuanced settling of commercial disputes is a pressing requirement for improving India’s showing on the ‘ease of doing business’ front—out of 189 economies in the World Bank Ease of Doing Business 2015 rankings, it ranks 178th and 136th respectively, for ‘enforcing contracts’ and ‘resolving insolvency’—it is welcome news indeed that the country will have a blueprint for commercial courts by as early as end of April.