Can Businesses in India ever resolve Disputes Speedily and Effectively?

Anurag K. Agarwal

No WP2006-06-05, IIMA Working Papers from Indian Institute of Management Ahmedabad, Research and Publication Department

Abstract: Business disputes are like cancer which should be stopped from spreading as soon as possible. Litigation is the least favoured method of resolution for a variety of reasons – delay being the foremost. Alternative Dispute Resolution (ADR) methods like negotiation, mediation, conciliation, arbitration are currently in vogue. Unfortunately, there is a strong feeling in India that extra-legal methods provide timely solutions for business disputes. This does not augur well for the business environment. The paper examines the business dispute resolution scenario in India and provides suggestions for making it more speedy and effective in a legal manner.

Date: 2006-06-05
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