International Commercial Arbitration: Comparative Perspectives From India And The United Kingdom
- IJLLR Journal
- 2 hours ago
- 1 min read
Divyanka Trivedi, Amity University, Uttar Pradesh
ABSTRACT
In this dissertation, there will be a critical assessment of the development and emergence of international commercial arbitration (ICA) in India and a comparative evaluation of ICA in India and the United Kingdom. In order to understand the importance of international commercial arbitration, it can be stated that it can play an important role in the resolution of international commercial disputes because the process focuses on the principle of party autonomy, flexibility, confidentiality, and the enforceability of the award. Thereafter, in India, the process of developing an effective arbitration system was based on the Arbitration and Conciliation Act, 1996, which was subject to several legislative changes in 2015, 2019, and 2021, along with judicial decisions related to Bharat Aluminium Co. v. Kaiser Aluminium Technical Services Inc. and Bhatia International v. Bulk Trading S.A., which also contributed to the evolution of the process.
