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How has the India-UAE BIT modified the timeframe for exhausting local remedies before initiating investor-state dispute settlement (ISDS) claims?
  • a)
    Increased the timeframe to seven years
  • b)
    Eliminated the requirement for local remedies
  • c)
    Maintained the five-year timeframe
  • d)
    Shortened the timeframe to three years
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
How has the India-UAE BIT modified the timeframe for exhausting local ...
The India-UAE BIT has shortened the timeframe for exhausting local remedies before initiating ISDS claims to three years, down from five years in India's Model BIT. This change acknowledges the inefficiencies present in India's judicial system, thereby providing foreign investors with quicker access to international arbitration. This modification is significant as it reflects India's willingness to adapt its investment treaty framework to better meet investor needs while still respecting its legal processes.
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How has the India-UAE BIT modified the timeframe for exhausting local remedies before initiating investor-state dispute settlement (ISDS) claims?a)Increased the timeframe to seven yearsb)Eliminated the requirement for local remediesc)Maintained the five-year timeframed)Shortened the timeframe to three yearsCorrect answer is option 'D'. Can you explain this answer?
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How has the India-UAE BIT modified the timeframe for exhausting local remedies before initiating investor-state dispute settlement (ISDS) claims?a)Increased the timeframe to seven yearsb)Eliminated the requirement for local remediesc)Maintained the five-year timeframed)Shortened the timeframe to three yearsCorrect answer is option 'D'. Can you explain this answer? for CLAT 2024 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about How has the India-UAE BIT modified the timeframe for exhausting local remedies before initiating investor-state dispute settlement (ISDS) claims?a)Increased the timeframe to seven yearsb)Eliminated the requirement for local remediesc)Maintained the five-year timeframed)Shortened the timeframe to three yearsCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for CLAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for How has the India-UAE BIT modified the timeframe for exhausting local remedies before initiating investor-state dispute settlement (ISDS) claims?a)Increased the timeframe to seven yearsb)Eliminated the requirement for local remediesc)Maintained the five-year timeframed)Shortened the timeframe to three yearsCorrect answer is option 'D'. Can you explain this answer?.
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