United Nations Commission on International Trade Law
The United Nations Commission on International Trade Law (UNCITRAL) adopted a Model Arbitration Law (MAL) with a focus on International Commercial Arbitration in the year 1985. Earlier in 1980, the General Assembly of the United Nations Organization recommended a set of conciliation rules to be followed by its member countries so that they can settle issues amicable without taking strict legal course of action.
Earlier to this, the UNCITRAL conducted a survey on commercial arbitration through out the world. This was more important after GATT. With increased commerce and trade between nations, there was a need for an arbitration law to resolve differences.
Related Cases / Recent Cases / Case Laws
- Union of India v Reliance Industries Limited and Others, Civil Appeal Jurisdiction, Special Leave Petition No 11396 OF 2015, Supreme Court of India judgement dated September 22, 2015