The Applicability Of The Med-Arb Process In International Arbitrations And Its Feasibility

The practice of combining different forms of Alternate Dispute Resolution practices is becoming an increasingly popular phenomenon worldwide, with primary focus on Mediation and Arbitration. The combined process works to ensure that the parties settle their differences and come to a middle ground, with an incentive i.e. the expenditure of additional resources for an arbitration looming on the horizon. However, the question arises whether such a process, which arose out of industrial disputes, may be fit for investment disputes. This Essay therefore aims to address and examine the history of the Med-Arb/Arb-Med-Arb procedure, and look into its applicability to different disputes, and suggest certain solutions for the same. This Essay also seeks to analyse the feasibility of the process around the globe, with a special focus on India.