Arbitration law to be made more effective: Ministe

Criticising the arbitration mechanism in the country as "costly and delay oriented", Law Minister Ashwani Kumar on Friday said that there are moves to amend the law to make it more effective and affordable.

Indian courts can`t judge arbitral proceedings held outside: SC

The Supreme Court on Thursday held that arbitral proceedings conducted offshore would not be open to judicial scrutiny of Indian courts which can only deal with enforcement of foreign awards.