Publication: Forging Ahead with Attitudinal Changes towards an Efficient Practice of Commercial Arbitration in Sri Lanka
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Type:
Article
Date
2022-09-15
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Journal Title
Journal ISSN
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Publisher
Faculty of Humanities and Sciences, SLIIT
Abstract
This study examines the question, of whether
the pervading disappointment surrounding the
practice of commercial arbitration in Sri Lanka,
is due to the assimilation of court practices into
commercial arbitration by the legal
practitioners. Arbitration as an Alternative
Dispute Resolution (ADR) method to judicial
processes was introduced with the enactment
of Arbitration Act No.11 of 1995 and hailed as
an effective ADR for the resolution of
commercial disputes. Participants were ten
senior legal practitioners involved in both court
practice as well as commercial arbitration for
more than ten years in Sri Lanka. The study used
a phenomenological research design to explore
the perspectives of ten participants. It was
hypothesised that the legal practitioners
involved in both court and commercial
arbitration practice would have a deeper
understanding of the disappointments
surrounding commercial arbitration practice
and why commercial arbitration has not yielded
the anticipated result of efficiency in dispute
resolution over court practice. The results
indicated that the same practitioners in court
and arbitration, bring the same attitudes and
skill set practised in courts into commercial
arbitration. Thus, the emerging theme is to
create an attitudinal shift in the participants of
commercial arbitration for the speedy
resolution of disputes in comparison to formal
court practice.
Description
Keywords
Commercial arbitration, Alternative Dispute Resolution, speedy resolution of disputes, attitudinal shift.
Citation
K.G.T Dilhara. (2022). Forging Ahead with Attitudinal Changes towards an Efficient Practice of Commercial Arbitration in Sri Lanka. Proceedings of SLIIT International Conference on Advancements in Sciences and Humanities, (11) October, Colombo, 145 - 149.
