Need robust Indo-German arbitration mechanism as trade grows: CJI
India, Aug. 28 -- Highlighting substantial and growing economic relationship between India and Germany, Chief Justice of India Surya Kant on Thursday said there is a necessity of having trust in international commerce and a robust arbitration mechanism can build the confident ecosystem.
Speaking at the Indo-German arbitration conclave in Berlin, Germany, CJI Kant pointed out that disputes are a natural feature of commercial activity but their existence does not necessarily indicate a failure of trust.
"What matters is whether the legal system provides a reliable mechanism through which disagreements can be resolved without undermining the commercial relationship itself," he said, adding that an arbitration agreement is more than a proce...
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