The Nissan v. Government of India dispute has been in the news recently. In a nutshell, Nissan had invoked arbitration against the Government of India for the failure by the State of Tamil Nadu (an Indian province) to provide Investment based Subsidies it allegedly promised in an agreement between the State and Nissan. This presentation provides a bird's eye view of the dispute.
[Note: Of late, persentations are being provided in this blog on developments in arbitration rather than posts. Presentations convey salient points to the reader thereby substantially improving the reading experience and are at the same time simpler and quicker to make. In case readers would like to read posts instead of presentations, please feel free to let us know.]