Khushi Doshi
Published on: March 20, 2022 at 13:18 IST
Responding to frequently expressed concerns about the independence of the Judiciary, Chief Justice of India, NV Ramana stated from an international meeting on Saturday that the Indian Judiciary treats all fairly and equitably, and that the World Business Community must trust its absolute independence.
“Wherever I travel, I am often asked how investor-friendly the Indian Judicial System is,” Justice Ramana said in his inaugural address at the International Conference on ‘Arbitration in the Era of Globalisation’ in Dubai.
“My response is always the same: you can rely on the Indian Judiciary to treat all parties equally and equitably because of its absolute independence and inherent constitutional strength. A prerequisite for achieving true globalisation is ensuring universal respect for the rule of law “He stated.
He stated that the Rule of Law and Arbitration were not incompatible. Both Arbitration and Judicial Adjudication seek to achieve the same goal ‘Justice.’
The Indian courts are well-known for being Pro-Arbitration. Courts in India assist and support Arbitration while leaving the substantive issues to the parties.
“In India, Courts assist and support Arbitration while leaving the substantive part of adjudication to the Arbitral Tribunal. It is not enough to have Pro-Arbitration Jurisprudence and Policy. Some novel steps must be taken.” said the Chief Justice of India.
Sessions at the Dubai conference would be presided over by Justices D Y Chandrachud, L N Rai, and Hima Kohli, as well as UAE Justice Shamlan Al Sawalehi. The CJI proposed a 14-point checklist to ensure that arbitration is effective and successful.
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