*Research Scholar, Department of Studies in Law, University of Mysore, India
**Associate Professor & Professor cum Director, CSSEIP, University of Mysore, India
Online published on 16 January, 2014.
The chief purpose of the study seeks to understand two main questions; 1) how did arbitration grow in India? And, 2) what is the position of “International Commercial Arbitration” in India in the Arbitration and Conciliation Act, 1996?
No doubt, the arbitration cannot be examined thoroughly, unless the legal context within which it has developed is explored sufficiently. But particularly in last decades, the lack of valuable research published by academic professional bodies and commercial organizations deal with a specific this subject in depth is potentially problematic.
The used methods in this study are descriptive and historical research method which carried out in International Commercial Arbitration. This study is based on the most recent commentary, research articles, books, international institutional yearbooks and court decisions referenced and reported in selected national, regional and international journals.
The rich background and close contacts or copies with foreign arbitration law even modern international standard are not adequate for dealing with the problems of arbitration in a country like India. Practically, the problems are not connected with aforesaid factors, but with the complications of its implementation in India.
Panchayat, International Commercial Arbitration, Arbitration, International Conventions, New York Convention, the Act 1996, India, Model Law