Bulky pleadings, lengthy evidence: Supreme Court flags issues in Indian arbitration
The Bench led by Justice Abhay S Oka observed that the Supreme Court in appropriate proceedings would have to examine whether arbitration has been cost-effective in India.
The Supreme Court on Monday lamented that arbitral proceedings in India have become synonymous with bulky pleadings and evidence and time consuming submissions. [Bombay Slum Redevelopment Corporation Private Limited v. Samir Narain Bhojwani]