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Third-party arbitration funding – Comparative analysis and Indian Perspective

LexForti

Third-party funding is rather a new concept and was adapted by many legislations only recently due to the illegality of the doctrines of maintenance and champerty in common-law jurisdictions in the past. The BCI Rules do not permit such an arrangement [21] as this may hamper the professional services furthered by a lawyer. Balaji [17].

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