With the significant growth of trade, commerce and industry and developing trends in Indian economy, arbitration and conciliation as alternate dispute resolution fora have gained sufficient primacy over the years.
This book, overall provides a comprehensive coverage to various changes that have been introduced in the Arbitration and Conciliation Act, 1996, by the recently enacted Arbitration and Conciliation (Amendment) Act, 2015 (3 of 2016), which envisages an improvised framework for effective enforcement of the related law. It unravels the latest trends and developments that the law of arbitration and conciliation has undergone ever since its inception with critical comments alongwith the relevant judicial pronouncements.
The legal implications of various changes made in the arbitration law have been examined critically and analysed in minutest details so as to make the study broad-based and fascinating.
The book also covers the diverse areas where judicial vigilance can be usefully invoked so that messy arbitrations are avoided in future.