Overview

International commercial arbitration is a method of resolving disputes arising from international business transactions outside traditional court systems. Parties agree to submit their disputes to one or more arbitrators, chosen for their expertise in the subject matter. Arbitration offers flexibility in procedure, confidentiality, and enforceability of awards across different countries under international conventions like the New York Convention. It often occurs in major arbitration centres like London, Paris or Singapore. The process typically begins with the parties signing an arbitration agreement, outlining the scope and rules of arbitration. This method is favoured for its neutrality, efficiency and the ability to tailor proceedings to the specific needs of the dispute, making it a preferred choice for international business disputes. The topics included in this book on international commercial arbitration are of utmost significance and bound to provide incredible insights to readers. While understanding the long-term perspectives of the topics, the book makes an effort in highlighting their impact as a modern tool for the growth of the discipline. Through this book, we attempt to further enlighten the readers about the new concepts in this field.

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