Key Considerations in Negotiating Impact Bonds in India
Development impact bonds are increasingly seen as an innovative instrument to bridge the gap between financial returns and social outcomes. However, complexity of the instrument often results in time-consuming negotiations that delay much needed social interventions. In this article, our Partner and guest contributor, reflect on their learnings from structuring various DIBs and discuss key considerations for stakeholders to undertake effective negotiations.
Grant of Post-Award Interest - Does the Award Dictate the Outcome?
The scope of an arbitrator’s powers to grant post-award interest has been a matter of long-standing debate. In this article, we trace key decisions of the Supreme Court on this issue and delve into the complexities around the scope and width of an arbitrator’s powers in granting post-award interest - whether interest on interest can be granted, and also, on what component of the arbitral award can such post-award interest be granted.
