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Let us move towards difference settlement from dispute resolution: VP

15 0
02.03.2025

The Vice-President, Shri Jagdeep Dhankhar today stated that, “ Arbitral process in our country is just an additional burden to the normal hierarchical mechanism of adjudication”.

Delivering his keynote address as Chief Guest at the Colloquium organised by India International Arbitration Centre (IIAC) at Bharat Mandapam in New Delhi today, Shri Dhankhar said, “ Arbitrators play as much critical role as members of the bar associated with the arbiter process. Surprisingly, there is, I’m saying it with utmost restraint, absolute tight fist control of a segment of a category that is involved with arbiter process determination. And this tight fist control emanates out of judicial feats. And if we examine it on an objective platform, it is excruciatingly painful. This country has rich human resource in every facet. Oceanography, maritime, aviation, infrastructure and what not. And the disputes are relatable to the experience which is sectoral. Unfortunately, we have taken in this country a very myopic view of arbitration as if it is adjudication. It is much beyond adjudication. It is not conventional adjudication as historically evaluated globally”.

Emphasising on the need for participation of domain experts in arbitration, Shri Dhankhar underlined, “ A former Chief Justice of this........

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