THE RISING PILLAR OF LAW: ARBITRATION
University School of Law and Legal Studies, GGSIPU, New Delhi
In this paper, I will be dealing with the emerging trends of arbitration backed by latest amended statutes. As this field of law is widely accepted in the international parlance, it’s also getting imperative for the Indian audiences to come forth and catch up with these accepted practices. For it to work smoothly, it is important to be done away with the obsolete statutes for a start. A codified text does not only creates authorization but also mandates the recognition of the law. Within a span of almost two decades many interpretations to this Act has come, by way of precedents and also by interpretations. Some of the landmark cases established as to what can be conceived out of this statute. By way of case laws and the new amendments I’ll fathom the emergence of arbitration in India.