Arbitration framework matured considerably, but challenges remain: CJI Surya Kant

AHMEDABAD: (Feb 28) Chief Justice of India Surya Kant on Saturday said that while India’s arbitration framework has matured considerably, significant challenges remain in building trust, strengthening institutional capacity, and developing a coherent pipeline of qualified arbitral professionals.

Speaking after laying the foundation stone for the Gujarat High Court Arbitration Centre (GHAC) in Ahmedabad, the CJI said India must measure itself against the standards of leading arbitral seats across the world and the legitimate expectations of parties who choose arbitration in the hope of something better and faster than litigation.

He referred to Gujarat Chief Minister Bhupendra Patel’s address at the same event, wherein the CM highlighted the growing importance of institutional arbitration within India’s legal and jurisdictional framework, particularly for a state like Gujarat, which leads the nation in industrial development and technological advancement.