Dispute resolution credibility key for investors: CJI
Chief Justice of India Surya Kant said the credibility of India’s dispute resolution mechanisms will increasingly influence how investors assess the country as a reliable destination for sustained investment.
“Globalisation ultimately depends not only upon the movement of capital, but upon the stability of expectations. Arbitration provides that stability. It reassures investors, supports commercial partnerships, and ensures that disagreement does not become disruption,” CJI Surya Kant said while delivering the inaugural address at the 5th Edition of ICA International Conference on “Arbitration in the Era of Globalisation- Legal Technology, Economic Development & Cross-Border Disputes in New Delhi on Friday.
Institutional arbitration in India must continue to expand its reach, strengthen professional capacity, and deepen engagement with global best practices, the CJI said. “Encouraging parties, particularly public sector bodies and large commercial entities, to adopt institutional rules more frequently, will play an important role in this transition,” he added.
The CJI further said that Institutional arbitration can contribute significantly to the development of specialised arbitration capacity — both at the Bar and within Arbitral Panels. “Expanding such capacity and infrastructure across the country will enhance India’s position as a global hub for arbitration.” On the occasion, Delhi L-G Taranjit Singh Sandhu said, “As the country deepens its global partnerships and advances its development goals, strengthening arbitration aligns with the need for a predictable and rules-based environment for commerce.
