Bridging Gap Between Myth And Reality: India As A Hub Of Institutional Arbitration
17 Feb 2022 07:28 AM IST
INTRODUCTION As enunciated by McKinsey, “Risk allocation and contract enforceability can make India a prospective hub of Institutional Arbitration.” According to the National Judicial Data Grid and the Supreme Court, “there are now 3.9 crore cases pending in district and subordinate courts, 58.5 lakh cases pending in different high courts,