The Importance of Rule of Law and Certitude in the Financial Market

The rich go immediately into arbitration and the poor people wait endlessly or have contracts under the shadow of the law. There is virtually no sanctity of contract because if someone breaches a contract, this precious little you can do about it. I think the deference that we give to orbital awards in India should not be just automatic. And some of those awards need to be set aside. The delay in the delivery justice system, I think, is one of the biggest problem for our economy.