Arbitration, an age old concept in India, is a part of Alternate Dispute resolution (ADR) with other popular ADR processes like Conciliation and Mediationn India Alternate Dispute remedy is governed by the Indian Arbitration and Conciliation Act 1996 which is created on the lines of the Model Law of the UNCITAL (United Nations Commission on International Trade Law)his article identifies positive problem areas of the Arbitration Laws of India, highlights some of the revolutionary decisions by Supreme Court and items out several of the misuses as wellroblem areas:Over the past decade, the lofty objective of enacting this Act stands substantially diluted due to distinct reasons as follows:anability of parties to exercise their rights explicitly provided under the statutebhe overdependence on retired judges as arbitratorscxpansive delaysdonsiderable price eegal professionals treating arbitrations as an extension of the court proceedings and converting them to leng ... [Read More - Best Weight Loss For After Pregnancy]
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