Chief Justice of India Surya Kant’s call for a reformed legal architecture that matches national ambitions to become a ten trillion dollar economy in the not-so-distant future needs to be welcomed for underscoring a foundational requirement of a modern nation. Predictability, specialisation and a culture of good faith in commercial law, as Justice Kant explained in a public address, form the bedrock of confidence of all sectors involved in growth. What is equally salient to developmental goals is the confidence of the average citizen, that institutions have high credibility, regulators are independent, lawyers maintain the highest integrity, justice is available without excessive cost or time overruns, and the rights-based basic structure of the........

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