When time is of the essence

In the fast-paced world of infrastructure, delays can lead to spiraling costs, missed deadlines, and even the collapse of major projects.

- NILAVA BANDHOPADHYA AND ADHIP RAY

In the fast-paced world of infrastructure, delays can lead to spiraling costs, missed deadlines, and even the collapse of major projects. When disputes arise – over payments, project delays, or contract breaches, parties often need urgent relief to protect their interests. Traditionally, this meant turning to the courts, but the process can be slow and cumbersome. Enter emergency arbitration: a modern solution that is rapidly changing the landscape of dispute resolution in India's infrastructure sector.

What is Emergency Arbitration? Emergency arbitration is a process that allows parties to seek urgent, temporary relief from an "emergency arbitrator", before the main arbitral tribunal is formed. This is particularly useful in situations where waiting for the full formation of the main tribunal may take time and therefore, could result in irreparable harm. The emergency arbitrator can grant orders like injunctions, asset freezes, or directions to maintain the status quo, typically within days.