During the celebration of International Arbitration Day, eminent Supreme Court Judge Justice Hima Kohli expressed the critical need for a specialized Arbitration Bar in India and globally. This dedicated Bar would work hand in hand with leading Arbitration institutions to refine the process and establish it as a primary mode of dispute resolution. Justice Kohli emphasized that a specialized Arbitration Bar would act as a catalyst in promoting the arbitration process as a niche field of expertise, attracting fresh talent and perhaps even calling for specialized Arbitral Tribunals at High Courts and District levels. Through regular workshops and training sessions, every facet of the arbitration process would be streamlined, thereby boosting domestic and international confidence in India as an arbitration hub. Justice Kohli stressed that the creation of an All India Arbitration Bar announced by R Venkataramani, the Attorney General of India, is a significant step in the right direction.
To achieve a globally attuned arbitration framework, it is essential to promote ancient wisdom with contemporary advancements and a constant pursuit of impartiality, innovation, and broad consensus. Collaboration and gender-based diversity in arbitrators are vital for promoting inclusivity and fairness in the field of dispute resolution, as stated by Justice Kohli. The promotion of diversity and inclusivity in the selection of arbitrators will ensure that the arbitration process is fair and just for all parties involved. Justice Kohli’s clarion call for a specialized Arbitration Bar resonates with the need to establish a robust, impartial, and efficient dispute resolution mechanism in India and globally.
Written by N.Yogendra Mani of KL University Vijayawada Andhra Pradesh ( 5th semester) an intern under Legal Vidhiya
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