Chief Justice D Y Chandrachud emphasized the need for strong institutionalization of arbitration to prevent dominance by a self-perpetuating clique. He spoke at the Supreme Court of the United Kingdom, urging India and othe rnations to promote a culture of commercial arbitration. The CJI also pointed out that arbitration is no longer just an “alternative” of dispute resolution but has become the preferred approach for seeking commercial justice.
Chief Justice D Y Chandrachud emphasized the need for strong institutionalization of arbitration to prevent dominance by a self-perpetuating clique. He spoke at the Supreme Court of the United Kingdom, urging India and othe rnations to promote a culture of commercial arbitration. The CJI also pointed out that arbitration is no longer just an “alternative” of dispute resolution but has become the preferred approach for seeking commercial justice.
