The article aims to understand the applicability of the
doctrine of res-judicata in domestic as well as international
arbitration proceedings.
1. Introduction
Arbitration has evolved over the last few decades and has
emerged as an effective means for dispute resolution all over the
world. However, as per the Frances Kellor in her book
"'American Arbitration: Its History, Functions and
Achievements" has highlighted that the process of
arbitration has been relied on for centuries. "Of all
mankind's adventures in search of peace and justice,
arbitration is amongst the earliest. Long before laws were
established, or courts were organized, or judges formulated
principles of law, men had resorted to arbitration for the
resolving of discord, the adjustment of differences, and the
settlement of disputes."
