Commercial Arbitration Landscape in India: A Critical Appraisal
Abstract & Details
Research Area
Law
Keywords
Arbitration
alternative dispute resolution
Arbitral award
enforcement of foreign award
Judiciary
Arbitration and Conciliation Act
High-Level Committee
Arbitration Promotion Council of India.
Abstract
Abstract
In recent time, arbitration has emerged an important alternative dispute settlement mechanism for resolving commercial dispute in a speedy and cost-effective manner with emphasis on the confidentiality of the information to meet the requirement of growing international commerce and business.
Indian government has also been promoting arbitration to make India a hub of international commercial arbitration. In this regard, the Arbitration and Conciliation act, 1996 has been enacted to replace the old Arbitration Act of 1940 to provide a comprehensive legal framework for both domestic as well as international commercial arbitration including enforcement of foreign award. The 1996 Arbitration Act is based on the UNCITRAL Model Law and is being updated with best international practices.
This paper provides a critical appraisal of commercial arbitration landscape in India, including the key features of the Arbitration and Conciliation Act, 1996, government initiatives to promote arbitration and role of judiciary in facilitating and supporting emerging arbitration ecosystem through pro-arbitration stance in case laws.
License
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Commons
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Author Information
| # | Name | Institute / Affiliation |
|---|---|---|
| 1 | Amita Agarwal | Maharishi Law School, Noida Campus, MUIT Lucknow |
| 2 | Prof. (Dr.) K B Asthana | Maharishi Law School, Noida Campus, MUIT Lucknow |
How to Cite
Use the following formats to cite this article in your research.
APA Style
Agarwal, Amita & Asthana, Prof. (Dr.) K B (2025). Commercial Arbitration Landscape in India: A Critical Appraisal. International Journal of Advance Research and Innovative Ideas In Education, 11(5), 290-294.
MLA Style
Agarwal, Amita, and Prof. (Dr.) K B Asthana. "Commercial Arbitration Landscape in India: A Critical Appraisal." International Journal of Advance Research and Innovative Ideas In Education, vol. 11, no. 5, 2025, pp. 290-294.
IEEE Style
Amita Agarwal and Prof. (Dr.) K B Asthana, "Commercial Arbitration Landscape in India: A Critical Appraisal," International Journal of Advance Research and Innovative Ideas In Education, vol. 11, no. 5, pp. 290-294, 2025.
Vancouver Style
Agarwal Amita, Asthana Prof. (Dr.) K B . Commercial Arbitration Landscape in India: A Critical Appraisal. International Journal of Advance Research and Innovative Ideas In Education. 2025;11(5):290-294.
Harvard Style
Agarwal, Amita & Asthana, Prof. (Dr.) K B (2025) 'Commercial Arbitration Landscape in India: A Critical Appraisal', International Journal of Advance Research and Innovative Ideas In Education, 11(5), pp. 290-294.
Chicago Style
Agarwal, Amita and Prof. (Dr.) K B Asthana. "Commercial Arbitration Landscape in India: A Critical Appraisal." International Journal of Advance Research and Innovative Ideas In Education 11, no. 5 (2025): 290-294.
Turabian Style
Agarwal, Amita and Prof. (Dr.) K B Asthana. "Commercial Arbitration Landscape in India: A Critical Appraisal." International Journal of Advance Research and Innovative Ideas In Education 11, no. 5 (2025): 290-294.
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