India in arbitration

Supreme Court Justice Hima Kohli has emphasized India’s growing reputation as a preferred destination for international arbitration, citing the judiciary's commitment to upholding the sanctity of arbitral awards and minimizing judicial intervention. Speaking at a seminar on arbitration, she highlighted the significant enhancements made under the Arbitration and Conciliation Act, 1996, which have streamlined processes and fostered a pro-enforcement regime. Kohli noted that landmark judgments and legislative reforms have established India as a reliable partner in arbitration and mediation, essential for resolving complex international trade disputes. Furthermore, she advocated for the development of a specialized arbitration bar to enhance the arbitration process and boost confidence in India's capabilities. The seminar, organized by various legal associations, underscored the importance of Alternative Dispute Resolution (ADR) in modern commerce. Kohli's remarks signify India's ambition to solidify its position as a global hub for arbitration.