Justice Surya Kant at Sweden roundtable says the future of arbitration is not just international—it is also Indian, backed by law, policy, and institutional growth.
Case in News
Future of Arbitration Is Also Indian Now, said Justice Surya Kant highlighting India’s growing global role in arbitration law . Justice Surya Kant’s Address at “Reimagining International Arbitration” Roundtable, Gothenburg, Sweden .
Overview
On July 10, 2025, Justice Surya Kant sitting judge of the Supreme Court of India, delivered a powerful keynote at an international roundtable in Sweden titled “Reimagining International Arbitration : India’s Emergence as a Global Arbitration Destination.” He declared that the future of arbitration is not just international — it is also Indian underlining India’s growing legislative strength, institutional capacity, and judicial support for arbitration .
Key Aspects
Justice Kant outlined India’s unique position in the evolving global arbitration order . He emphasized how reforms, case law and institutional development have made India a credible and cost-efficient arbitration hub .
- India positioned as a cost-effective, reform-driven, English-speaking arbitration hub .
- Courts uphold arbitration-friendly principles, reducing judicial interference .
- Indian institutions like MCIA, ICA, ICADR, and GIFT City gaining traction .
- Cases like Bhaven Construction and PASL Wind Solutions show judicial support for arbitration .
Legal Insights
Justice Kant supported his arguments with relevant legal provisions and judicial precedents underscoring the robust legal framework that governs arbitration and supports technological innovation .
- Arbitration and Conciliation Act, 1996 : Based on UNCITRAL Model Law; affirms party autonomy, neutrality and minimal court interference (Preamble, Sections 5, 9, 11) .
- Amendment Act, 2015: Introduced Section 29A (time limit for arbitration) and Section 17 (interim measures by tribunal) .
- Amendment Act, 2021 : Amended Section 36 to bar automatic stay on enforcement of awards .
- Code of Civil Procedure, 1908 : Provides for recognition and execution of arbitral awards (Order XXI, Rule 11) .
- Information Technology Act, 2000 : Legalises electronic records and signatures in arbitration (Sections 4, 5, 65B).
- Bharatiya Sakshya Adhiniyam, 2023 : Recognises e-communications and digital evidence, supporting modern ODR .
Conclusion
There is no court verdict in this matter . The address by Justice Surya Kant represents a judicial policy perspective promoting India’s rise in global arbitration .
Source – Supreme Court of India
Read also – Bharatiya Sakshya Adhiniyam, 2023
