With increase in International Trade and Cross Border Business Transactions, Cross Border commercial Disputes are getting common and therefore need of mechanism for effective dispute resolution and for preserving business relations arise. INTERNATIONAL ARBITRATION has emerged as a preferred option of resolving cross border commercial disputes.Section 2(1)(f) of the Act defines an International Commercil Arbitration as a legal relationship which must be considered commercial, where either of …
Blog posts : "lecture"
Lecture on Process of Arbitration in India
Arbitration is an alternative disputes resolution (ADR) mechanism which is adversarial in nature. However, the court is not deciding on the disputes between the parties and it is left to the arbitrator appointed by parties themselves or Chief Justice of High Court/ Supreme Court to decide on the disputes amongst the parties.
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