NEW DELHI (The Financial Express) -- With foreign companies eager to invest more and more in India, legal experts believe better enforcement of International Arbitration Awards to solve disputes between business houses is needed to sustain the momentum.

"Arbitration laws should not focus only on disputes after they have arisen, but how to avoid conflict situations" said Vice-President of ICC Court of Arbitration Lord Michael J Mustill.

The gray areas in enforcement of arbitration awards should be removed as India is going to become the hub of international arbitration...

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Posted by rjorr at March 28, 2006 10:36 AM