Award

Arbitration decision (arb10772)

ICSID · Investment (ICSID and treaty) · International · 16 May 2025

Why it matters

Devas (Mauritius) Ltd v. Republic of India SIR WILLIAM BLAIR Approved Decision on c, an investment arbitration, in which a foreign investor brought claims against a state under an investment treaty. For a student, it is a worked example of investor-state dispute settlement: how the tribunal weighs a state's right to regulate against the treaty protections (fair and equitable treatment, protection from expropriation) owed to foreign investors. The tribunal's reasoning and any award of damages are set out in the original.

Summary

Devas (Mauritius) Ltd v. Republic of India SIR WILLIAM BLAIR Approved Decision on c: an investment arbitration decision. The tribunal's full reasoning is set out in the original.

The detail

Parties: Devas (Mauritius) Ltd v. Republic of India SIR WILLIAM BLAIR Approved Decision on c

Case number: See arbitration.org record

Outcome: Decision. The disposition is set out in the original.

Applicable law: The applicable arbitration rules and governing law; see the original.

Issues in play: The parties' substantive dispute, resolved by arbitration rather than in the courts.

Read the full decision at arbitration.org

Locus Standi links to the source decision and publishes its own plain-language summary. It does not reproduce the text of the award.

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