Retired judges lobby hard to get appointed as arbitrators in high value commercial disputes, says Justice N. Anand Venkatesh
The Madras High Court Judge also says very few sitting judges possess the expertise to deal with applications under the Arbitration and Conciliation Act, 1996. He feels that change of arbitration portfolio from one judge to another every three months may not help in speedy delivery of justice
Retired judges are actively lobbying to be appointed as arbitrators in high-value commercial disputes, according to Justice N. Anand Venkatesh of the Madras High Court. Justice Venkatesh also noted that very few sitting judges have the necessary expertise to handle applications under the Arbitration and Conciliation Act, 1996. He expressed concern that rotating the arbitration portfolio among judges every three months may not lead to timely resolution of disputes.
Additionally, Justice Venkatesh highlighted a lack of training institutions for arbitrators and the need for a specialized arbitration Bar in India.
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