I. Introduction
In the gamut of a sound and systematized International Arbitration,
an emergency relief is often described as an "Achille's
Heel"1. Emergency Arbitration (EA) in the guise of
an emergency relief is an upcoming concept in the field of
arbitration suitable for those who want to protect their assets and
evidence that might otherwise be altered or lost. Such arbitration
is usually agreed to and arranged by the parties themselves without
recourse to a Tribunal at the first instance. The proceedings
either domestic or international are conducted by an Arbitrator as
per the agreement between the parties or with the concurrence of
the parties.
II. AIM & Role
The objective of EA is to provide urgent pro tem or conservatory
measures to a party or parties that cannot await the formation of
an Arbitral Tribunal. The efficacy of an Emergency Arbitration,
invoked by a party, survives on a chariot of two wheels:
