Unravelling the Intricacies of Judicial Intervention in International Commercial Arbitration
DOI:
https://doi.org/10.52028/rbadr.v7.i13.ART10.INKeywords:
Judicial Intervention, International commercial arbitration, Foreign Awards, Enforcement of AwardAbstract
International Commercial Arbitration is the most favoured method for resolving international commercial disputes across the globe. Parties to international commercial contracts choose arbitration due to fear of the judiciary involvement. However, Judicial Intervention may arise in various areas of international commercial arbitration. The paper covers analysis of Indian arbitration law, judicial trends and interpretation of law by the courts. This research paper deals with the intricacies of Judicial Intervention in international commercial arbitration. This paper examines the complicated dimensions of balancing Judicial Intervention with party autonomy. The analysis circumscribes the different approaches adopted by the Indian courts, considering the effect of varying interpretations in international commercial arbitration. The paper further examines various judgments in light of emerging trends in international commercial arbitration. The analysis concludes that judicial intervention may be necessary to ensure uniformity, fairness, and justice. Although Judicial Intervention has been significantly reduced in India over the past ten years, it remains a contentious feature of Indian arbitration law.
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