1. International Arbitration hub – India
S Ravi Shankar International & Domestic Arbitration Lawyer

2. What Makes a country Arbitration hub?

3. India 2015 Amended World Class Arbitration & Conciliation Act,1996
Large number of English speaking Legal professionals
Large Number of judges, Lawyers & Domain Experts who are ready to take up Arbitration assignments
Large number of Para-Legals
Overly burdened Courts
Unpredictable Interpretations

4. Basic Requirements
Training
Certification
Awareness

5. Other requirements Consistency in Judicial Pronouncements
Expert Judges
Updated Procedural Law

6. ASSOCHAM
Training
Certification
Awareness

7. Main Issues in Arbitration & Mediation in India
Less Arbitral Institutions
Hesitation to use Foreign Arbitration Institutions
Hesitation to take up Arbitration as full time Profession
Less trained Arbitrators
Less efficient Techno- Legal Firms
Less organized/ Family Owned Law Firms
Lesser opportunities for Learning about Arbitration

8. Preparation of Pleadings
Efficient Lawyers
Strategy Paper
Preparation of Pleadings
Expertise

9. Why Arbitral Institutions?
Transparency in Costs & Procedure
Equal treatment of both the parties
Monitoring system
Lesser scope for Corruption & Large injustice
Lesser requirement for going to Courts
Professional Management
Mediation & Arbitration Packages

10. Trained Arbitrators Arbitrators without basic understanding of law
Complete reliance of Arguments of the counsels
Arbitrators without Technical knowledge
Usage of Expert witnesses
Usage of Legal experts
Interest to Learn and taking it as a serious Profession

11. Efficiency of Courts Increased number of Judges Training to Judges
Priority to Enforcement matters

12. International Trends in Arbitration
3rd Party Funding
Online Arbitrations
Increasing requirement of arbitrators

13. Thanks