Dear Editor,
I read the December 2012/January 2013 issue of India Business Law Journal with interest.
The authors were wide-ranging and interesting as were the variety of topics which were covered. In particular I enjoyed the Vantage point article (India in 2013) and the varied predictions offered by each of the contributors.
I think it is safe to say that India is booming and on a global scale and neither India nor its companies can be ignored in 2013. Synonymous with this growth is the need to provide effective dispute resolution services. Arbitration is at the forefront and is generally viewed as the most efficient method of resolving commercial disputes in India.
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The majority of large commercial disputes are settled through arbitration and as Sherina Petit stated in her contribution to the article, the case law in 2012 has shown that India has been taking positive steps to become an arbitration-friendly jurisdiction.
In 2013 the amount of investor-state arbitrations involving India looks set to increase and it is easy to predict that this will be a busy period for arbitration practitioners with an interest in the region.
Rishi Raheja
Trainee Solicitor
Norton Rose
London
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