Arbitration as a remedy has started attracting a much greater number of references than it did before.
The new edition presents in a simple and lucid style the changed law as contained in the new Act, the Arbitration and Conciliation Act, 1996 and includes a section dealing exhaustively with ‘Alternate Disputes Redressal’ systems. The discussion is supplemented by copious reference to Indian and English cases.
There is a wealth of case-law now available on this subject, and the Supreme Court has brought to light some of the virtuous features of this new Act, and also uncovered some weak areas. The author has discussed these aspects in the context of these important decisions, in this new edition.
The alternative process of disputes resolution (ADR) as provided by the Act under the name of Conciliation has also attracted Supreme Court decisions. These decisions have provided important guidelines as to how the new provisions can be used to bring about a settlement of a dispute through conciliation so as to give it a binding effect. These decisions have been discussed by the author.
The work by the well-known author would be of immense help to the students of law as well as the junior lawyers.