Credibility of Dispute Resolution System Key to Investor Confidence: CJI Surya Kant

Hon’ble Chief Justice of India Surya Kant said the credibility of India’s dispute resolution mechanisms will play a growing role in shaping how global investors evaluate the country as a dependable destination for long-term investment.

Speaking at the 5th edition of the ICA International Conference on “Arbitration in the Era of Globalization - Legal Technology, Economic Development & Cross-Border Disputes” in New Delhi, the CJI underlined that stable and predictable dispute resolution is essential for global commerce.

“Globalization ultimately depends not only upon the movement of capital, but upon the stability of expectations. Arbitration provides that stability. It reassures investors, supports commercial partnerships, and ensures that disagreement does not become disruption,” CJI Surya Kant said.

He stressed that institutional arbitration in India must continue to expand its reach, strengthen professional capacity and align more closely with global best practices. He further said that encouraging public sector bodies and large commercial entities to adopt institutional arbitration rules more frequently would support this transition.

The Chief Justice also noted that institutional arbitration can play a significant role in building specialised arbitration capacity at the Bar and within arbitral panels. “Expanding such capacity and infrastructure across the country will enhance India’s position as a global hub for arbitration,” he said.

Lt Governor of Delhi Taranjit Singh Sandhu also highlighted the importance of strengthening arbitration systems to support predictable, rules-based commerce. He said Delhi has a natural advantage in emerging as a key centre for arbitration and legal services due to its concentration of institutions, courts, regulatory bodies, law firms and corporate entities. “The development of Delhi, as a global arbitration hub is not merely a matter of infrastructure, but of institutional alignment, and sustained policy support,” he said.

Dr N G Khaitan, President, ICA and Senior Partner, Khaitan & Co, said India should actively promote institutional arbitration as a global destination. “India is one of the safest harbours to do business in the world today. The time has come that we must promote institutional arbitration. India provides and offers the cheapest institutional arbitration in the world,” he said, adding that India’s legal system and Supreme Court judgments are respected internationally.

Arun Chawla, Director General, ICA and Former Director General, FICCI, said arbitration and mediation are becoming critical pillars of investor safety amid rising geopolitical shifts, regulatory divergence and global economic uncertainty. He added that India must play a stronger role in shaping a global order driven by certainty, fairness and the rule of law.

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