Quasi-22: India must sort out how institutions are picked for arbitration once and for all
One school of thought is that since ease-of-doing-business has improved with the introduction of the Commercial Courts Act of 2015, arbitration as a mechanism for speedy resolutions has been rendered otiose for the government. Sure, a cost-effective remedy works well, especially for disputes over public contracts, but the lacuna should not work to the detriment of other cases. For the moment, all eyes are on judgement day.
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