"Domestic adjudication (of arbitration cases) has a great promise for litigants and overburdened courts...courts are overburdened, judges are overworked...18000 judges handled 50 million cases and disposed of 20 million cases...an avalanche of cases is putting the judicial system under stress," Justice Thakur said here.Referring to the epic Mahabharata, he said Lord Krishna tried to mediate between Kaurava and Pandava, but failed. Niti Bagh club here is a preferred choice as it provides facilities to hold such proceedings".He said Singapore is a preferred arbitration hub not because it has an impressive building or provides translation facility, but because of its legal framework.Justice Thakur said the criticism that courts interfere in arbitral awards is "not misplaced. ""I personally hold the view that once an award is made and it is challenged in the court, the first question the judge asks is 'who is the arbitrator'. This is because the judge wants to know whether the award is honest. There have been cases where the judges have faltered.

Source: Economic Times October 23, 2016 12:33 UTC