KOMPETENZ-KOMPETENZ DOCTRINE: EXPLAINED
The Arbitration and Conciliation Act, 1996 has undergone various amendments over time. The Act demands changes overtime with developments made throughout the globe. The Act was introduced with a motive to encourage outside the court settlement and to make India a hub for International Arbitration just like Singapore and Hong Kong in Asia. The Act also aims to establish lesser court intervention which seems like a distant dream in some scenarios. Due to lack of awareness, people still opt to approach the court and the belief of people to get justice still lies with the court.