Abstract
The United Nations Convention on Contracts for the International Sale of Goods (‘CISG or Convention’) was opened for signatures in 1980. More than forty years later, it has been one of the most successful international instruments that has attempted to unify international commercial law. The Hong Kong Special Administrative Region (‘HK SAR’) and the Kingdom of Saudi Arabia recently ratified the CISG. This development brings into question the non-signatory status of another trading giant, India. The ratification of the CISG is as much a commercial question as it is a legal one. It can provide extensive benefits along with legal conundrums. This paper looks to provide a holistic argument for India to ratify the CISG. It considers legal, commercial, and policy factors. The logistics of legislation and related lobbying are not considered in this paper, which solely tries to lay out the substantive basis for India to ratify the CISG. It weighs the pros and cons of ratification to conclude that the obstacles presented are resolvable or that the benefits outweigh the negatives. To achieve this, the paper compares the current legal regime governing international sales in India with the system offered by the CISG. Furthermore, the paper considers and deals with potential arguments by opponents of such a ratification.
Recommended Citation
Banerji, Ranak and Rahman, Rida
(2026)
"INDIA AND THE CISG — A CASE FOR RATIFICATION,"
National Law School Business Law Review: Vol. 12:
Iss.
1, Article 2.
DOI: 10.55496/EINJ3069
Available at:
https://repository.nls.ac.in/nlsblr/vol12/iss1/2