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MESSAGE FROM THE PRESIDENT

ARBITRATION, THE WAY FORWARD

Settlement of commercial disputes by arbitration is expanding by leaps and bounds. Arbitration is practically the only solution in international disputes. An arbitral award is enforceable at present in 157 countries, which is an unmaching benefit of arbitration. No judgment made by a court of any State will enjoy this privilege. Arbitration paves way for a procedure of dispute settlement which the parties determine and is acceptable to the parties. This is again an unmatching privilege of arbitrating international disputes, which is not available in the case of settlement of disputes by court. 

ARUN KASI - President ,ISAAL, London.

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