International Arbitration Act

The International Arbitration Act is a law that provides a legal framework for resolving commercial disputes between parties from different countries through arbitration, rather than going to court. It recognizes and enforces arbitration agreements and awards, ensuring a neutral, efficient, and binding process. The Act sets out rules for how arbitration should be conducted, how awards can be challenged or enforced, and the powers of arbitrators. It aims to promote fair, consistent, and effective resolution of international disputes, supporting global trade and investment by providing clarity and legal certainty.