Chief Justice D.Y. Chandrachud highlights arbitration as the preferred method for resolving commercial disputes, emphasizing its efficiency over courts burdened with millions of cases. He advocates for a balanced approach, where courts intervene when necessary to prevent injustice. The UK Supreme Court event symbolizes respect and solidarity between judiciaries. Chandrachud calls for a culture of commercial arbitration in India.
Justice Hima Kohli and Gary Born addressed the need for a separate statute for international arbitration in India at the London International Disputes Week. They highlighted the existing framework’s effectiveness and emphasized the importance of minimizing court involvement in arbitration to ensure efficient dispute resolution. They also discussed the significance of contextual relevance in legal precedents.
