INDIAN SCENARIO: ARBITRATION AS DISPUTE RESOLUTION [Part 3]

GAURI SHRIKHANDE

ARMY INSTITUTE OF LAW, MOHALI

(First Published on Volume 01 Issue 03, November 2016)

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[Picture Courtesy: Pexels.com]

INTERNATIONAL ENFORCEMENT

It is often easier to enforce arbitration awards in a foreign country than court judgments. Under the New York Convention 1958, an award issued in a contracting state can generally be freely enforced in any other contracting state, only subject to certain, limited defenses. Only foreign arbitration awards are enforced pursuant to the New York Convention.

INDIAN SCENARIO: ARBITRATION AS DISPUTE RESOLUTION [Part 2]

GAURI SHRIKHANDE

ARMY INSTITUTE OF LAW, MOHALI

(First Published on Volume 01 Issue 03, November 2016)

Read similar articles here

[Picture Courtesy: Pexels.com]

ARBITRAL TRIBUNAL & RES JUDICATA

The arbitrators which determine the outcome of the dispute are called the arbitral tribunal. The composition of the arbitral tribunal can vary enormously, with either a sole arbitrator sitting, two or more arbitrators, with or without a chairman or umpire, and various other combinations. In most jurisdictions, an arbitrator enjoys immunity from liability for anything done or omitted whilst acting as arbitrator unless the arbitrator acts in bad faith.

INDIAN SCENARIO: ARBITRATION AS DISPUTE RESOLUTION [Part 1]

GAURI SHRIKHANDE

ARMY INSTITUTE OF LAW, MOHALI

(First Published on Volume 01 Issue 03, November 2016)

Read similar articles here

[Picture Courtesy: Pexels.com]

ABSTRACT

As an alternative dispute resolution mechanism, the arbitration provides speedier settlement of commercial disputes, whether domestic or international in character.