A parliamentary panel has lamented that excessive judicial intervention is adversely affecting India’s arbitration efficiency at a time when the country is trying to achieve the goal of becoming a hub of international arbitration.
The Standing Committee on Law and Personnel has noted it in its latest report on “Institutional Alternative Dispute Resolution.” The report was submitted in Parliament last week. The committee also said that “limited global visibility” is challenging India’s alternative dispute resolution ecosystem. The panel has suggested that consistent quality in arbitral proceedings could be a solution.
The panel is of the view that excessive court interventions often slow down the process of providing alternatives to court litigation.
The committee, however, admitted that some level of court oversight is necessary to ensure fairness and legality; frequent or avoidable intervention can lead to inordinate delays and may also dilute the independence of the arbitral process.
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