International trade disputes should not be considered as an Alternative Dispute Resolution or Litigation Light. Instead it should be considered as a commercial arbitration which has become the dispute resolution mechanism of choice in international transactions and projects. International Arbitration is a method of private, binding and enforceable dispute resolution system which may be chosen by the parties as an alternative to litigation before the court.
Arbitration being the Alternative Way of Settlement of International Trade Disputes: An Appraisal
Publication Information
Journal Title: International Journal Of Legal Developments And Allied Issues
Author(s): Akshay Pandey
Published On: 05/02/2022
Volume: 8
Issue: 1
First Page: 205
Last Page: 215
ISSN: 2454-1273
Publisher: The Law Brigade Publisher
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Cite this Article
Akshay Pandey, Arbitration being the Alternative Way of Settlement of International Trade Disputes: An Appraisal, Volume 8 Issue 1, International Journal Of Legal Developments And Allied Issues, 205-215, Published on 05/02/2022, Available at https://ijldai.thelawbrigade.com/article/arbitration-being-the-alternative-way-of-settlement-of-international-trade-disputes-an-appraisal/
Abstract
Keywords: International Arbitration, Jay Treaty, Alternative disputes resolution (ADR), The Arbitration (Protocol and Convention) Act, 1937, The Indian Arbitration Act, 1940, The Foreign Awards (Recognition and Enforcement) Act, 1961
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