Abstract
Ease of doing business is the flagship project of the World Bank which has garnered positive response from different stakeholders over the years. India is also taking its Ease of Doing Business ranking very seriously with several reforms being introduced to improve it. However, contract enforcement has been the Achilles’ heel of India’s Ease of Doing Business rankings. In the present article, an attempt has been made to draw a short and concise roadmap for strengthening contractual enforcement in India and improving the Ease of Doing Business rankings. Radical reforms bringing paradigm shifts, such as that brought by the Specific Relief (Amendment) Act, 2018, are the need of the hour to address India’s grim contract enforcement regime. The present article looks at both substantive and procedural laws of the country to suggest avenues for reform regarding contract enforcement in the country.
Recommended Citation
Bhat, Prof. (Dr.) Sairam and Gahlot, Vikas
(2019)
"Roadmap to Strengthen Contractual Enforcement and Ease of Doing Business in India,"
National Law School Journal: Vol. 15:
Iss.
1, Article 6.
Available at:
https://repository.nls.ac.in/nlsj/vol15/iss1/6