Procedural Reforms and Speedy Dispute Resolution in Commercial Suits: An Indian Perspective With respect to UK and USA

Abstract

With an emphasis on the Commercial Courts Act (CCA) of 2015 and the creation of specialized commercial courts (CCs), this paper analyses the development of India's dispute resolution framework. Resolving commercial disputes involving foreign corporations promptly is essential for preserving investor trust, as these issues frequently stem from complicated transactions. This study focuses on India's legal reforms, namely its efforts to increase predictability in business law and speed up dispute resolution through the use of specialist judges and tailored procedures. Legal reforms must take context into account, according to a comparison with business courts in the US and the UK. While we have come a long way in welcoming international investment, there are still obstacles to overcome, like heavy court workloads and a lack of technological integration. The success of India's CCs in luring both local and foreign investors will determine the country's ability to spur strong economic growth.