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Indian Laws - Highlights / Catch Notes

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Arbitration agreement - Deterring a party to an arbitration from ...


Arbitration Clause Requiring 10% Pre-Deposit Hinders Access to Alternative Dispute Resolution, Contradicts Court Burden Reduction Goals.

March 13, 2019

Case Laws     Indian Laws     SC

Arbitration agreement - Deterring a party to an arbitration from invoking this alternative dispute resolution process by a pre-deposit of 10% would discourage arbitration, contrary to the object of de-clogging the Court system, and would render the arbitral process ineffective and expensive.

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