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"Nowhere on the planet, in no other country, in no other system, there is such a tight fist grip on the arbitral system by retired judges," the Vice President Jagdeep Dhankar said.
State lawmakers enacted further tort reform in 2023, as demand grows for changes to the arbitration system that emerged as an alternative to class action lawsuits.
And an appellate body. and you are right, that is the appellate body — the second tier — that is paralysed because judges have not been elected. however, the panel level is working and, as we speak, we have about 20 or so ongoing panel proceedings at the moment at the first tier. so, it's not quite right that the system is not working. but i want to share with you that some countries have also decided to use an alternative system. actually, some of some members have come together to create an interim arbitration system which can handle an appeal, and some of them are using that. there are ...
And you are right, that is the appellate body — the second tier — that is paralysed because judges have not been elected. however, the panel level is working and, as we speak, we have about 20 or so ongoing panel proceedings at the moment at the first tier. so, it's not quite right that the system is not working. but i want to share with you that some countries have also decided to use an alternative system. actually, some of some members have come together to create an interim arbitration system which can handle an appeal, and some of them are using that. there are others who have also ac...
It is true that our two—tier dispute settlement system has a panel level and an appellate body. and you are right, that is the appellate body — the second tier — that is paralysed because judges have not been elected. however, the panel level is working and, as we speak, we have about 20 or so ongoing panel proceedings at the moment at the first tier. so, it's not quite right that the system is not working. but i want to share with you that some countries have also decided to use an alternative system. actually, some of some members have come together to create an interim arbitration sys...