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A  facility dedicated to addressing legal issues in Indian Core Sector 

Since the advent of liberalization and the beginning of the economic reforms process in 1991, we have been witnessing hectic activity in the legal-regulatory arena. Investors, project developers, policy makers and in fact all the interested parties in the new environment have been analyzing and assessing every legislation and every notification issued by the government for its legal implications. 

Over the last few years several far reaching legislative changes have taken place in the Core Sector. Be it insurance, power, telecom, IT or environment these changes have impacted industry structures and the legal environment in which business was being conducted or project development was taking place. With greater interest shown by private sector to participate in infrastructure development, legal issues in areas of agreements and contract management had to be addressed. 

In the changing environment, an understanding of regulatory and legal issues has been very important for all the players. At times, debates on some of the issues in Power Purchase Agreements and Fuel Supply Agreements have lasted for more than a year. 

Several large infrastructure projects have been embroiled in legal issues created due to public interest litigation, environmental issues and issues related to securitization and escrow. Often matters have reached the Supreme Court of India. In the shift from command to market driven economy there is going to be less and less direct intervention from the governments and instead markets and industries are increasingly being regulated by Law. Regulatory Authorities have been set up in various sectors including telecom, power, insurance etc. Legal issues, therefore, will remain central to the development of the Core Sector. 

In one of the Infrastructure sector- Telecom- when it opened to private players, few imagined that it would emerge as one of India's most litigious business. A report in August, 2003 suggested that over the last 32 months, 95 lawsuits- petitions and appeals, have been filed with TDSAT, the industry dispute settlement bench set up in 2000. That's an average of one lawsuit filed every 10 days.

According to one eminent lawyer, litigation happens worldwide in the initial years after new policies, but taper off as courts set legal precedents. Three reasons - the policy flip-flops, the presence of overseas investors and the poor quality of regulation have been offered as possible explanations for the rush of lawsuits in infrastructure projects.

IndiaCore Law Centre has been set up with the objective of creating a better awareness and facilitating a greater understanding of legal issues in the context of core sector development.


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Upcoming IndiaCore Organised/ Partnered Events

Roadmap for Innovations in Solar Energy - (RISE) 2017, July 20- 21, 2017 || New Delhi. INDIA

rise-2017


Pharma CIO Conclave & Awards 2017, August 9, 2017 || Mumbai. India

pharma-cio-conclave-and-awards-2017


20th BUILDEXPO TANZANIA 2017, August 10- 12, 2017 || TANZANIA

buildexpo-tanzania-2017


Global Water Conference 2017, August 16- 17, 2017 || MYANMAR

global-water-conference-2017


PV Guangzhou 2017, August 16- 18, 2017 || CHINA

pv-guangzhou-2017


3rd OIL & GAS TANZANIA 2017, August 16- 18, 2017 || TANZANIA

oil-and-gas-conference-tanzania-2017


3rd Power & Energy Africa 2017, August 16- 18, 2017 || TANZANIA

powergen-india-2017


Public Private Partnership (PPP): Financing, Projects & Contracts 2017, August 21- 24, 2017 || JOHANNESBURG

public-private-partnership-2017


Renewable Energy India Expo 2017, September 20- 22, 2017 || Greater Noida. INDIA


Critical Communications Mena 2017, September 25- 26, 2017 || DUBAI

critical-communication-mena-2017


Last Mile Asean 2017, September 28- 29, 2017 || Bangkok. THAILAND

last-mile-asean-2017


4th FPSO & FLNG Asia 2017, October 19- 20, 2017 || Shanghai. CHINA

fpso-and-flng-asia-2017


Clinical & Experimental Cardiology 2017, November 6- 7, 2017 || Las Vegas. USA

clinical-&-experimental-cardiology-2017


Electricx 2017, December 3- 5, 2017 || EGYPT


Solar-Tec 2017, December 3- 5, 2017 || EGYPT


Critical Control Rooms, December 4- 6, 2017 || TBC

critical-control-room-2017


2nd World Cardiology Conference, December 11- 12, 2017 || Rome. ITALY

world-cardiology-conference-2017


Middle East Electricity 2018, March 6- 8, 2018 || UAE


Asia Warehousing Show 2018, May 2- 4, 2018 || Bangkok. THAILAND

asia-warehousing-show-2018


Asia Cold Chain Show 2018, November 28– 30, 2018 || Bangkok. THAILAND

asia-cold-chain-show-2018


Road Infrastructure- Safety, Operation & Management, TBA || Mumbai. INDIA


Mining & Mineral Exploration Conclave- ‘Need for Modernisation & Capacity Enhancement in the Indian Mining Industry’, TBA || New Delhi. INDIA


The Madhya Pradesh Agri Summit & Mela, (TBA) || Bhopal. Madhya Pradesh


'Thermal Power India’, TBA || New Delhi. INDIA

TPI-2012


Indian Solar Thermal Energy & PV Conference, TBA || New Delhi. INDIA


Energy Efficiency Forum, TBA || New Delhi. INDIA


Smart Energy & Smart Metering India- 'Convergence of IT, Automation, Control & Communication', TBA || New Delhi. INDIA


Pharma CIO Conclave & Awards 2017, August 9, 2017 || Mumbai
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