New Delhi: Practitioners and experts said proposed changes to the Arbitration Act should include provisions to minimise court intervention when litigants settle for out-of-court dispute resolution.
While reforms pitched by the government seek to promote institutional arbitration, they still have provisions which would delay dispute resolution by allowing courts to intervene, said experts.
Unlock Premium Insights in This Article
Take your experience further with Mint Premium- access thought-provoking opinions, expert analysis and in-depth insights
Subscribe now Already subscribed? Login
Premium benefits
30+ articles from print edition and premium publication daily
Present across social media apps to keep you updated
In-depth Market Reports from leading experts
Most loved Mint podcasts on 35+ topics
Sharp insights supported by simple data and visuals
Unlock 30+ well researched
and bias free premium articles daily
Access to global insights with
100+ exclusive articles from
international publications
Get complimentary access to
3+ investment based apps
TRENDLYNE Get One Month GuruQ plan at Rs 1
FINOLOGY Free finology subscription for 1 month.
SMALLCASE 20% off on all smallcases
5+ subscriber only newsletters
specially curated by the experts
Free access to e-paper and
WhatsApp updates
Not convinced yet?
Share your contact details and
we will get in touch with you…
= 48 && event.charCode Confirm
Thanks for sharing your number