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Sandeep S. Sood, J.D.

2007

India

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Full-Text Articles in Law

Finding Harmony With Uncitral Model Law: Contemporary Issues In International Commercial Arbitration In India After The Arbitration And Conciliation Act Of 1996 , Sandeep S. Sood Feb 2007

Finding Harmony With Uncitral Model Law: Contemporary Issues In International Commercial Arbitration In India After The Arbitration And Conciliation Act Of 1996 , Sandeep S. Sood

Sandeep S. Sood, J.D.

Abstract India’s international commercial arbitration system has undergone substantial changes over the past decade with India’s sudden emergence as a global economic power. The Arbitration and Conciliation Act of 1996 was enacted in response to address extreme latency in the court system, attract foreign direct investment, and to establish India as a viable forum for international commercial arbitration. While the enactment of the 1996 Act has proven largely successful on these fronts, significant problems remain in providing interim measures of protection, enforcing and challenging arbitral awards, defining arbitral subject-matter, challenging and removing biased arbitrators. Not coincidentally, tensions remain greatest in …


Finding Harmony With Uncitral Model Law: Contemporary Issues In International Commercial Arbitration In India After The Arbitration And Conciliation Act Of 1996 , Sandeep S. Sood Feb 2007

Finding Harmony With Uncitral Model Law: Contemporary Issues In International Commercial Arbitration In India After The Arbitration And Conciliation Act Of 1996 , Sandeep S. Sood

Sandeep S. Sood, J.D.

India’s international commercial arbitration system has undergone substantial changes over the past decade with India’s sudden emergence as a global economic power. The Arbitration and Conciliation Act of 1996 was enacted in response to address extreme latency in the court system, attract foreign direct investment, and to establish India as a viable forum for international commercial arbitration. While the enactment of the 1996 Act has proven largely successful on these fronts, significant problems remain in providing interim measures of protection, enforcing and challenging arbitral awards, defining arbitral subject-matter, challenging and removing biased arbitrators. Not coincidentally, tensions remain greatest in areas …