INTERNATIONAL COMMERCIAL ARBITRATION: HARMONISATION AND DIVERGENCE IN GLOBAL ENFORCEMENT MECHANISMS
AUTHOR – KINJAL KATARIA* & MS. GRISHMA BRAHMBHATT**
* STUDENT AT BBA LLB (BUSINESS LAW HONS.), UWSL, KARNAVATI UNIVERSITY
** ASSISTANT PROFESSOR AT UWSL, KARNAVATI UNIVERSITY
BEST CITATION – KINJAL KATARIA & MS. GRISHMA BRAHMBHATT, INTERNATIONAL COMMERCIAL ARBITRATION: HARMONISATION AND DIVERGENCE IN GLOBAL ENFORCEMENT MECHANISMS, INDIAN JOURNAL OF LEGAL REVIEW (IJLR), 5 (4) OF 2025, PG. 520-533, APIS – 3920 – 0001 & ISSN – 2583-2344.
ABSTRACT
A synthesis of prominent academic publications in international commercial arbitration forms the scholarly backbone for new academic research. This paper presents a unified explanation of the history of international commercial arbitration together with its essential legal bases represented by the New York Convention and UNCITRAL Model Law as well as its procedural specifications. An extensive breakdown of key fundamentals which govern international arbitration especially through examining the revered right of party autonomy and essential requirements for procedural fairness. The worldwide adoption of the UNCITRAL Model Law needs additional research to study the different domestic legal perspectives on its enforcement. The evolving role of public policy defence in award enforcement and the emerging concept of arbitral precedent along with judicialization trends in international commercial arbitration are presented by the article as central research opportunities for academic study. The main objective of contemporary research in this domain seeks to advance the operational effectiveness and equity and certainty within international commercial arbitration as the leading method for transnational commercial dispute resolution. This study recognizes how modern trends including global expansion and technological transformation affect current arbitration practices and a comprehensive knowledge about the entire arbitral process to support practical applications and theoretical comprehension.
Keywords: International Commercial Arbitration, New York Convention, UNCITRAL Model Law.