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Strengthening Interim Relief in Indian Arbitration: A Quest for Efficiency

Author(s) Dr. Ashish Verma
Country India
Abstract The need for efficient and effective measures for interim relief has become critical as the economic and legal landscape of India is rapidly evolving. In order to ensure that the arbitral award is effectual, interim relief is a crucial mechanism. However, the current provision of traditional court-ordered interim relief is often hindered by procedural delay and inefficiencies, compromising the very purpose of the relief. In this context, emergency arbitration emerges as an imperative and opportune solution. This medium of relief is particularly relevant today due to the fast-paced commercial environment, where rapid and adequate resolution is essential to maintain business continuity and protect investment. Moreover, it is pivotal for India to align with the global best practices and evolve its arbitration mechanism, particularly for interim relief in order to remain competitive in the global arbitration arena. This paper addresses the pressing need for incorporating emergency arbitration within the legal framework of India with the aim of enhancing the effectiveness of interim relief. Along with this, the paper explores innovative approaches to promote the adoption of emergency arbitration and fostering a more conducive environment for obtaining interim relief.
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Published In Volume 6, Issue 2, February 2025
Published On 2025-02-28
Cite This Strengthening Interim Relief in Indian Arbitration: A Quest for Efficiency - Dr. Ashish Verma - IJLRP Volume 6, Issue 2, February 2025.
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