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The Importance Of International Interrogation

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The globalization of trade and commerce and the need for effective implementation of economic reforms during the preceding decade, necessitated improvement of arbitration law for ensuring smooth and prompt settlement of domestic as well as international commercial disputes. As international arbitration increases into new and complex areas such as intellectual property and environmental disputes, the need for interim measures of relief will accelerate. The power of the arbitral tribunal to provide provisional measures is generally recognized in the rules of arbitral institutions and is accepted in practice. The most pressing requirement for provisional measures may occur during the early stages of an arbitration before the tribunal has been appointed or organized. …show more content…

Though, the conditions more or less seem to be favorable for interim measures of protection, it is felt that there is a lot of confusion surrounding this issue. In spite of the criticism for court intervention and specific legislations regulating tribunal ordered interim measure, there is an urgent need for a more favorable and harmonized international structure to support arbitration for arbitration to adapt itself to the changing circumstances and remain as in alternative dispute resolution method in international

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