Arbitration Agreement and its Construction: An Analytical Study
DOI:
https://doi.org/10.53724/lrd/v4n4.02Keywords:
Arbitration,, Settlement of cases,, Arbitration mechanism,Abstract
The primary objective of this paper is to analyze how arbitration has evolved as an alternative to dispute resolution apart from regular and cumbersome court proceedings. The researcher has further dealt with the relevance of an arbitration clause in the contract. How one need to be cautious while drafting an arbitration agreement. In this paper researcher has extensively discussed the essential elements of an arbitration agreement and when an agreement will be considered to satisfy the provisions lay down under section 7 of the Arbitration Act, 1996. The researcher has also traced down the trend followed in India while interpreting the existence of valid arbitration agreement. The relevance of words may and shall use in the agreement and what impact it has on the validity of the contract. In this paper researcher has confined her discussion to the importance drafting arbitration agreement in Indian context and has not extended her research to other jurisdictions.
Metrics
References
Section 2(1)(a), The Arbitration and Conciliation Act.1996
Bernstein, Hand Book of Arbitration practice, 3rd Edn. 1998,p.13
Section 34, Arbitration and Conciliation Act, 1996
Chapter II, Section7(1), Arbitration and Conciliation Act, 1996
Chapter II, Section7(4)(b), Arbitration and Conciliation Act, 1996 (Ins. by Act 3 of 2016, sec. 3 ( w.e.f. 23.10.2015)
Bihar State Mineral Dev. Corpn. and Anr v. Encon Builders (I) Pvt. Ltd, (2003) 7 SCC 418
(1998) 3 SCC 573
K.K. Modi v K.N. Modi & Ors: (1998) 3 SCC 573
Bharat Bhusan Bansal v. U.P. Small Industry Corporation Ltd., (1999) 2 SCC 166
State of Orissa v. Damodar Das, (1996) 2 SCC 216
ibid
(2007) 5 SCC 719
195(2012)DLT366
(2001) 7 SCC 728
Article II (1) New York Convention “a defined legal relationship, whether contractual or not”
ibid
Powertech World Wide Limited vs. Delvin International General Trading LLC:MANU/SC/0092/1998
Bihar State Mineral Development Corporation v. Encon Builders: (2003) 7 SCC 418
(2009) 2 SCC 134
Section 11, Arbitration and Conciliation Act, 1996
VISA International Ltd. v. Continental Resources (USA) Ltd.: (2009) 2 SCC 55
ibid
Powertech World Wide Limited vs. Delvin International General Trading LLC: MANU/SC/1333/2011
Russel, Arbitration and Concilation
ibid
(1980) 2 SCC 341
(2004) 4 SCC 272
Arbitration Act, 1940
AIR 1956 Calcutta 280
1970 WLN 572
O.P. Malhotra, The Law and Practice of Arbitration and Conciliation, 14th Ed. 2009
David St.John Sutton Judith Gill , Matthew Gearing , Russell on Arbitration, Sweet & Maxwell, 24th Ed. 2015
Surendra Malik Sudeep Malik, Supreme Court on Arbitration 2001-2012, Vol.2, Eastern Book Company, 2013 Ed. Reprinted 2015
P.c. Markanda , Law Relating to Arbitration & Conciliation, Wadhwa and Company Nagpur, Second Ed. 1997
Bernstein, Hand Book of Arbitration practice, 3rd Edn. 1998
Kwatra G K., Arbitration and Alternative Dispute Resolution, 1996
Roychowdhury S.K., Law of Arbitration and Conciliation, Calcutta Law House 4th ed., 1996
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2020 Legal Research Development: An International Refereed e-Journal ISSN: 2456-3870
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
