An expert panel on arbitration has proposed changes to the current regime, including disposal of cases within 60 days, specialised arbitration benches, and setting up an investment court. It recommended updating the law to reflect global practices and incentivising institutional arbitration. The panel stressed the need for reliable arbitral institutions, adoption of technology, and institutional mechanisms in arbitration.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.