Introduction
In arbitration, the principle of minimal judicial intervention
serves as a cornerstone, underscoring the autonomy and efficiency
of arbitral tribunals in resolving disputes. However, courts are
endowed with specific powers to ensure the arbitral process remains
within the bounds of law, fairness, and public policy. These powers
often manifest in critical junctures such as appointing
arbitrators, granting interim reliefs, or addressing challenges to
awards. This month's Newsletter is in two parts:- Part I will
discuss recent developments in arbitration, focusing on the ongoing
balance between judicial authority and arbitral independence and
Part II will discuss the recent development focusing on the Draft
Arbitration and Conciliation (Amendment) Bill, 2024 which aims to
enhance and streamline India's arbitration framework by
formalizing procedures, reduce judicial intervention, and enhance
institutional arbitration, further shaping India's
