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Overbearing interpretations a bane of Indian arbitration: SC
By : Vidya
The SC bench delivered the judgment while noting that the current position of law creates a stringent limitation framework that may deter parties from opting for arbitration.
The Supreme Court has underscored how “overbearing intellectualisation” by courts has become.
The “bane of Indian arbitration”, in a pointed critique of the judiciary’s expansive intervention and interpretation of the Arbitration and Conciliation Act, 1996 (ACA).
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