Judiciary must step in to ensure an effective arbitration ecosystem: CJI
The judiciary has to play an important role in ensuring an effective arbitration ecosystem by stepping in to protect the independence and impartiality of arbitral proceedings, Chief Justice of India DY Chandrachud said on Thursday, while also stressing on the need for a “gender-diverse arbitral pool” to bring experiential learning to the entire process. Not least of those interventions is to ensure that when the state, as largest litigant, enters upon arbitration, it must abide as much by letter of law as by the spirit of arbitration….,” the CJI said during his keynote address at the inaugural session of the “Delhi Arbitration Weekend” organised by Delhi International Arbitration Centre. The CJI, during his speech, also added that “over the last few years, judiciary has been consistently applying the law which has been modified by the legislature to ensure that in an era of climate change, the arbitration ecosystem remains green to its core and soul”. “If the Indian legal system has to move away from the tag of being an Old Boys’ Club, the arbitration space can add heft to the mission to provide equal opportunity – to men, women and them,” he said.





India aims to be global arbitration hub. And cut costs for its biggest litigant.











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