THE INTERNATIONAL INVESTMENT TREATY ARBITRATION AND ANALYSIS ON ENFORCEMENT OF ARBITRAL AWARDS

This paper will discuss the various issues, history and cases regarding International Investment Treaty Arbitration and the Awards that have been passed in such arbitrations and the effect of such Awards against India as a state and the enforability of the same. The various treaties, WTO and other organizations that are involved in trade and business between one state and an investor. The paper also deeply analyses the Bilateral Investment Treaties which when disputed by the parties to the said Bilateral Investment Treaty use Arbitration to settle their disputes and the Awards passed. This paper further focuses in the various important cases that have been the headlines for the citizens and the Awards when enforced may be a bite of the tax payers money. Bilateral investment treaties (BITs) and multilateral investment treaties (MITs) are central to any consideration of investment treaty arbitration. There are thousands of Bilateral treaties entered into between major investors and states. Bilateral investment treaties when enters into a dispute these disputes are mostly settled by way of Arbitration. This study is based on the Secondary Data collected from the various research papers collected from the different Journals and also by referring various text books.