International Finance Corporation Not Absolutely Immune From Suit Filed By Gujarat Farmers And Fishermen: US Supreme Court [Read Judgment]

In a major relief for farmers and fishermen of Gujarat, the Supreme Court of the United States has held that the International Finance Corporation is not absolutely immune from suit filed against it by them. International Finance Corporation had loaned $450 million to Coastal Gujarat Power Limited for the construction of a coal-fired power plant in the state of Gujarat. In 2015, a...