9 India

Subject(s):

UNCITRAL Model Law — Arbitral tribunals — Awards — Place of arbitration

This chapter evaluates the merits of India as a venue for international arbitration proceedings. It discusses the history and development of arbitration in India; the processes and rules involved as well as the role of courts in the conduct of arbitration proceedings; and rules for arbitral awards. Many arbitration practitioners lament the current state of affairs in India. Delays are common at nearly every stage of arbitration, from the very constitution of the tribunal, to the conduct of the arbitration proceedings, and the delivery, challenge, and enforcement of awards. India is not equipped with good hearing centers. Hearings are usually held in luxury hotels, adding to cost. Transcription facilities are also not available.