https://www.taxtmi.com/article/detailed?id=14808 The arbitration-friendliness of India is primarily compromised by inconsistent judicial interpretations of the public policy exception and by recent amendments authorizing an automatic stay where courts find a prima facie case of fraud or corruption. These developments reintroduce tactical litigation and forum shopping, weaken arbitral finality-especially in international commercial matters-and produce unpredictability that deters foreign parties. Recommended reforms include a narrow statutory definition of public policy, specialized arbitration benches, wider use of institutional arbitration, and improved arbitrator training to reduce successful challenges. en-us Tue, 15 Jul 2025 08:39:49 +0530 Tue, 15 Jul 2025 08:39:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=14808 The arbitration-friendliness of India is primarily compromised by inconsistent judicial interpretations of the public policy exception and by recent amendments authorizing an automatic stay where courts find a prima facie case of fraud or corruption. These developments reintroduce tactical litigation and forum shopping, weaken arbitral finality-especially in international commercial matters-and produce unpredictability that deters foreign parties. Recommended reforms include a narrow statutory definition of public policy, specialized arbitration benches, wider use of institutional arbitration, and improved arbitrator training to reduce successful challenges. Articles Other Topics Tue, 15 Jul 2025 08:39:49 +0530 https://www.taxtmi.com/article/detailed?id=14808