Delhi High Court Rules Third Party Funders Vital to Justice but Not Liable for an Adverse Costs Award

Recently in Tomorrow Sales v. SBS Holding judgment, the Delhi High Court refused to make a funder liable to furnish security for an adverse award, and unequivocally acknowledged the role that funders play in facilitating access to justice. By our Partner (Head – International Arbitration) Shaneen Parikh and Associate Amoga Krishnan