In present scenario, the Arbitration has become a preferred option to settle commercial disputes globally as well as in India. In India, the provisions relating to settlement of dispute by way of arbitration and conciliation are contained in the Arbitration and Conciliation Act, 1996. Urgent steps can be taken to facilitate timely enforcement of contracts, easy recovery of monetary claims, reduce the pendency of cases in courts and hasten the process of dispute resolution through arbitration, so as to encourage domestic contracts as well as the foreign investment by projecting India as an investor friendly country having a sound legal framework and ease doing business in India. We have suitable team of lawyers to handle the matters relating to Arbitration and Conciliation.
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