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@article{168624,
        author = {Ayushi Maheshwari},
        title = {COMPARATIVE ANALYSIS OF INSTITUTIONAL ARBITRATION BETWEEN INDIA AND SINGAPORE},
        journal = {International Journal of Innovative Research in Technology},
        year = {2024},
        volume = {11},
        number = {5},
        pages = {1439-1445},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=168624},
        abstract = {Arbitration is not a new concept, but an age long one in existence even before British made India its colony. Its gradual developments has seen a large scale evolution from Panchs to an Arbitration and Conciliation Act of 1996. However, this is not enough. In such an evolving globalized world, it requires an arbitration structure which is internationally competitive. This Research paper at its main crux undertakes a comparative analysis of institutional arbitrations between India and Singapore focusing on their procedural framework, mechanisms for enforcement and overall efficacy. This research paper traces the historical evolution from Panchs to modern statutory enactments while perusing the challenges and hurdles that India faced while developing its statutory framework. It also showcase Singapore’s arbitration dual regime, statutory backing and minimal judicial intervention which has positioned it as a global leader in dispute resolution. The paper concludes by suggesting reforms India can undertake to enhance its institutional arbitration framework, ensuring it aligns with international standards and meets the growing demands of global commerce.},
        keywords = {},
        month = {October},
        }