A COMPREHENSIVE EVALUATION OF INTERNATIONAL ARBITRATION AND ITS EFFECTIVENESS

Abstract

The primary goal of this experimental study is to collect views/opinions of a diverse set of stakeholders on past & future improvements & innovations to make effective International Commercial Arbitration mechanisms in India1in order to develop concrete solutions for Indian commercial1communities. Researcher approached external focus group comprising Academicians, Arbitrators, Counselors, In-house counsel, Law firms, LPOs, Law Students etc. of different institutions through the questionnaire. Above mentioned stakeholders provided their valuable comments on different questions. The research design for this1research work is1doctrinal as well as exploratory. The whole research work is based upon the analytical study of collected opinion through the questionnaire, case comments and case study, law commission reports, experts comments etc. The population for the proposed study is comprised of all the respondents of the International and National business communities, regulatory bodies and forums, Academia, who is engaged in international commercial arbitration activities. The data are collected personally using structured questionnaire. Focused interviews are also concluded to collect the data. The data are also be collected through online by electronic mails & Google docs etc. The appropriate statistical tools are used to analyze the data. Univariate and Bivariate data analyze techniques are used to analyze the data.