Emergency Arbitration under Institutional Arbitration Rules: A Comparative Study
International Journal of Law, Volume 3; Issue 3; May 2017; Page No. 158-160
3 Pages Posted: 1 Jul 2020
Date Written: 2017
In commercial disputes, there may exist a situation demanding urgent remedy. However, due to unavailability of sufficient time, parties to arbitration are forced to approach a court for emergency relief. In order to remedy this drawback, modern day institutional arbitration has come up with the concept of Emergency Arbitration.
This research article contains a brief of some major institutional arbitration rules which have provided for Emergency Arbitration. It also contains the meaning, advantages and limitations of Emergency Arbitration and its recognition status in India.
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