" Large pendency of cases in Indian courts and non-implementation of judicial reforms have been cited by the World Bank as one of the key reasons for India's low rank on the Bank's Index of 'Ease of Doing Business" says TOS.
How can this be true ? Most of the business disputes are now resolved through arbitration. Most recoveries of banks financial institutions are done through SARFASI proceedings. The pendency is mostly in litigation involving stakes of common people. This appears to be the case in SC as well. Where is the cause for worry for the Business ?
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