Arbitration vs. Litigation: The Best Dispute Resolution Method for India? Pros and Cons Unveiled
Arbitration vs. Litigation: The Best Dispute Resolution Method for India? Pros and Cons Unveiled Author Alankar Narula Date October 28,...
In India, the process of arbitration typically involves several stages from the appointment of an arbitrator to the enforcement of the arbitral award. Here are the key stages of arbitration in India:
In both the High Court and the Supreme Court, the reviewing authority will examine the grounds for objection raised by the party seeking to set aside the award and make a determination based on the provisions of the Act, applicable case law, and the facts of the case.
It’s important to note that the objection process under Section 34, as well as the subsequent procedures in the High Court and Supreme Court, provide a mechanism for reviewing and challenging arbitral awards in order to ensure fairness and uphold the integrity of the arbitration process.
It’s important to note that the precise stages and procedures may vary depending on the chosen arbitration rules, the agreement of the parties, and any specific instructions or powers granted to the arbitrator(s).
Arbitration vs. Litigation: The Best Dispute Resolution Method for India? Pros and Cons Unveiled Author Alankar Narula Date October 28,...
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