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19 Apr 2026
05:24:54 PM
SERVES FOR NATION

News Desk. News Nation 360 : In order to discuss the relationship between the Indian legal system and Ease of Doing Business (EoDB), the Indian Chamber of Commerce (ICC) recently held a high-level meeting with Justice B.R. Gavai (Retd.), former Chief Justice of India, and notable legal and policy experts. Debanjan Mandal (Fox & Mandal) emphasised that investor confidence is developed through the "predictability of contract enforcement" and the practical timeliness of decision-making, taking the conversation beyond abstract policy metrics. Alapan Bandyopadhyay, Chief Advisor to the Chief Minister of West Bengal, presented a distinctive viewpoint and argued for a "socially sustainable" EoDB model that strikes a balance between mutual trust and state responsibility. He suggested that India's value regime should balance the World Bank's efficiency with the traditional values of Maitri (friendship) and Karuna (compassion). Legal experts like Mahesh Agarwal and Prof. (Dr.) O.V. Nandimath changed the emphasis to "ease of mind," arguing that legal clarity and investor dignity are just as important as procedural speed. As the session came to an end, Justice B.R. Gavai defined EoDB as a "constitutional aspiration," pointing out that although digital integrations like e-courts have improved access, the judiciary's true role in nation-building lies in providing a framework of trust where decisions are governed by predictable principles rather than arbitrary discretion. ICC Director General Dr. Rajeev Singh summed up the panellists' agreement that for India to genuinely prosper, the legal system needs to change into a transparent, trust-based setting that guarantees both wealth growth and the general welfare.
Pic - Courtesy