TIWN
New Delhi/London, July 5 (TIWN) Chief Justice of India (CJI) N.V. Ramana on Tuesday said India can be chosen as a favoured investment destination due to the independence of its judicial system and for giving paramount importance to the rule of law.
Chief Justice Ramana added that both the nations share a similar legal culture, where courts are known and respected as independent institutions. “Apart from this, the investors would be entering into a common familiar legal field as both nations follow the common law system. Laws on important issues are often convergent between both nations,” he said. He said there is no denying that pendency of cases is a major issue in India and the reasons for this include growth of the Indian economy, population, rising awareness about rights etc. “In the absence of infrastructure and sufficient number of judges commensurate with the increasing workload, the problem is intensifying. This is why I have been strongly advocating for transforming and upgrading the judicial infrastructure in India, as well as filling up of judicial vacancies and augmenting the strength,” he said.
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