According to a recent ruling from the Calcutta High Court, India is in need of arbitration reforms. In theory, it is an avenue for civil dispute resolution, with minimal court intervention, quicker chances of settlement, finality of awards, and so forth.
Alok Jain, Partner, Economic Laws Practice (ELP) shares his views in an article, ‘Arbitration Law: What needs to change?’ published by BQ Prime.
Read the article here: https://rb.gy/lh41g