Assessing the Regulatory Landscape of Online Arbitration in India: Delineating the Roadblocks & Way Forward
With the rapid changes in the evolution of technology and innovation in the current times, the fabric of dispute resolution in the country is also experiencing a huge paradigm shift. While the other forms of dispute resolution have embraced it with open arms, arbitration has encountered its own distinct array of advantages and disadvantages while incorporating these changes. This Research paper shall make a scrupulous attempt to analyse the current practices & tools employed by Indian arbitral institutions and the challenges which can crop up from proliferation use of technology like artificial intelligence and blockchain in these institutions either actually or potentially. It then proposes suggestions & recommendations for reforms to ensure a robust and accessible online conflict resolution in arbitral proceedings for legal practitioners in this digital age.