The Current Scenario of Third-Party Litigation Funding in India.pdf

Legal Pay07 Apr, 2023Business

Third-party litigation funding (TPLF) is an arrangement whereby a third party, usually a professional investor, provides finance to a claimant or litigant in return for a share of any damages or settlement awarded by the court. It has been gaining prominence in recent years as it provides an opportunity for individuals to pursue legal claims without bearing the financial burden of litigation costs.

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