Abstract:
International Arbitration is one of the most flexible and convenient paradigm in order to resolve commercial, corporate, investment or any such dispute. Due to the difficulties that courts as well as litigants face in taking legal matters to such adjudication as rising costs of litigation, time delays and exhaustive workload on courts, various nations have taken to experimenting rather adopting legal methods of alternative nature that would resolve disputes outside of a court of law while still retaining legal standing and making sure justice is ensured. This work discusses idea of maritime law, arbitration, and institutional arbitration and sheds light some of the contributions of arbitral centers via important case law.
