The National Green Tribunal recently ruled against the Art of Living Foundation, rejecting their bank guarantee as a payment method. Do you think this decision is fair, and what could have been the court’s reasons for rejecting the guarantee?
Best Answer
The National Green Tribunal’s decision to reject the Art of Living Foundation’s bank guarantee as a payment method for environmental damage is likely based on the principle of “polluter pays.” Indian law emphasizes the responsibility of polluters to compensate for environmental harm, and a bank guarantee might not be considered sufficient to ensure full and timely remediation.
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