Vintage world map, representing cross-border arbitration and dispute resolution

Arbitration Services

Structured financial expertise to support claims, disputes, and arbitration proceedings with clarity and precision.

1996, as amended
Arbitration and Conciliation Act — governing law
12 months
Section 29A time limit for a domestic award, +6 months by consent
Ss. 9 & 17
Interim relief from court or the arbitral tribunal
Ss. 44-52
Part II — enforcement of New York Convention foreign awards

Disputes involving contracts, accounts, valuations, delayed payments, partnerships, commercial transactions, and financial claims often require clear financial analysis and structured presentation of facts.

Our Arbitration Services are designed to support businesses, professionals, and legal teams with accurate financial expertise during arbitration proceedings.

We provide independent, professional, and well-documented assistance to help clients present claims, defend positions, and strengthen their case with credible financial evidence.

Dispute resolution and negotiation process

1. Arbitration Claim Preparation

A well-prepared claim is critical in any arbitration matter. We assist clients in organizing financial records, quantifying losses, and preparing a clear claim supported by facts and calculations.

  • Review of contracts, invoices, ledgers
  • Quantification of claims & damages
  • Interest & delayed payment analysis
  • Reconciliation of accounts
  • Claim statements & schedules
  • Breach-related financial impact
  • Response to counterclaims
  • Coordination with legal counsel

2. Arbitration Expert Witness Services

Financial disputes often require expert opinion on accounting, valuation, damages, or commercial losses.

  • Independent expert reports
  • Loss of profit & damages
  • Business & asset valuation
  • Review of opposing claims
  • Transaction analysis
  • Accounting opinions
  • Hearing assistance
  • Oral testimony support
Legal consultation and court proceedings

Understanding Arbitration in India

Foreign companies weighing arbitration against an Indian counterparty, or already inside one, usually need the same regulatory groundwork before the financial work begins. Here is what the Arbitration and Conciliation Act, 1996 actually sets out — and where AU Corporate’s role as your financial and expert-witness partner sits alongside your legal counsel.

Governing Law

Arbitration seated in India is governed by the Arbitration and Conciliation Act, 1996, as amended in 2015, 2019 and 2021. A draft Arbitration and Conciliation (Amendment) Bill, 2024, released for public consultation, remains under review and is not yet in force.

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Seat vs. Venue

The seat fixes which country's courts hold supervisory jurisdiction and which procedural law applies; the venue is only where hearings physically happen. Since PASL Wind Solutions v. GE Power Conversion (2021), even two Indian parties may validly choose a foreign seat.

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Interim Relief

Parties can seek urgent interim measures from a court under Section 9, or from the arbitral tribunal itself under Section 17 once constituted — tribunal orders are enforceable in the same manner as a court order.

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Award Timelines

Domestic tribunals must render an award within 12 months of completion of pleadings under Section 29A, extendable by 6 months by consent, with any further extension requiring a court application.

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Enforcing a Domestic Award

A domestic award may be challenged, on narrow grounds, under Section 34, and is enforced as a decree of the court under Section 36 — filing a Section 34 challenge does not by itself stay enforcement.

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Enforcing a Foreign Award

Foreign awards from a New York Convention country notified as a reciprocating territory are enforced under Part II (Sections 44-52), subject to the narrow refusal grounds in Section 48.

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Institutional vs. Ad Hoc Arbitration

Institutions such as the Mumbai Centre for International Arbitration (MCIA) — whose 2025 Arbitration Rules added joinder of non-parties, expedited early dismissal of manifestly unmeritorious claims, and emergency arbitrator procedures — alongside the Indian Council of Arbitration (ICA) and other domestic and international institutions, are increasingly specified by foreign companies over ad hoc arbitration for the procedural certainty institutional rules provide. Where institutional rules allow for one, an India-seated emergency arbitrator’s order is treated as an order under Section 17 and is enforceable in the same manner as a tribunal order, following the Supreme Court’s 2021 ruling in Amazon.com NV Investment Holdings v. Future Retail Ltd. — though this recognition currently extends only to India-seated emergency arbitration, not to foreign-seated emergency awards.

Where AU Corporate Fits In

AU Corporate is not a law firm and does not appear as counsel of record in arbitration proceedings. We work alongside your appointed legal counsel — Indian or international — providing the claim preparation, quantification and expert witness services described above, regardless of whether the arbitration is ad hoc or institutional, domestically or internationally seated.

Our Approach

Every engagement is scoped to the specific claim, but the underlying process is consistent across arbitration matters:

1. Case & Document Review

We review the underlying contract, correspondence, invoices and ledgers alongside your legal counsel to understand the financial dimensions of the claim or defence.

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2. Quantification & Analysis

Losses, damages, delayed-payment interest and account reconciliations are quantified using a documented, defensible methodology.

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3. Expert Report Preparation

Findings are set out in an independent expert report or claim statement built to withstand cross-examination and tribunal scrutiny.

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4. Hearing & Coordination Support

We remain available through the hearing — briefing your legal team, responding to opposing experts, and providing oral testimony where required.

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Why Choose Us

Strong expertise in accounting & finance

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Practical dispute understanding

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Independent & objective approach

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Evidence-backed financial analysis

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Confidential handling

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Timely execution

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Industries We Serve

Manufacturing
Real Estate & Construction
Trading & Distribution
Professional Services
Infrastructure
Partnership Disputes
MSMEs
Growing Businesses
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Facing an Arbitration or Commercial Dispute in India?

Tell us about the claim, dispute or arbitration you're involved in and our arbitration support team will get in touch to discuss financial analysis and expert witness support.

  • • Company incorporation and entity selection
  • • FDI, FEMA and regulatory guidance
  • • Tax, banking and post-incorporation support

Frequently Asked Questions

What is the difference between the seat and the venue of an arbitration?

The seat of arbitration determines which country's courts have supervisory jurisdiction over the arbitration and which procedural law applies; the venue is simply where hearings are physically held. Under the 'seat as centre of gravity' principle the Supreme Court has applied since Bharat Aluminium Co. v. Kaiser Aluminium Technical Services (BALCO), an arbitration clause should always specify the seat explicitly rather than leaving it to be inferred from the venue.

Can two Indian companies choose a foreign seat of arbitration?

Yes. In PASL Wind Solutions Pvt. Ltd. v. GE Power Conversion India Pvt. Ltd. (2021), the Supreme Court held that party autonomy under the Arbitration and Conciliation Act, 1996 allows even two Indian companies to choose a foreign seat, and an award from that arbitration is enforced in India as a foreign award under Part II of the Act.

How is urgent interim relief obtained during an arbitration seated in India?

Before the tribunal is constituted, a party can approach a court directly under Section 9. Once the tribunal is constituted, Section 17 gives it the same power to grant interim measures, and — since the 2015 amendment — courts generally decline to entertain a Section 9 application if the tribunal can grant equally efficacious relief. A tribunal's Section 17 order is enforceable in the same manner as a court order.

How long does an arbitration in India take to reach an award?

For a domestic arbitration, Section 29A requires the tribunal to render its award within 12 months of the completion of pleadings, extendable by up to 6 months with the parties' consent; any extension beyond that requires a court application and is granted only on sufficient cause. International commercial arbitration seated in India, and arbitrations conducted under institutional rules, follow their own procedural timelines.

Is a foreign arbitral award automatically enforceable in India?

No. A foreign award — one made in a country notified by the Indian government as a reciprocating territory under the New York Convention — must be brought before an Indian court under Part II (Sections 44-52) of the Act. The court examines only the narrow grounds for refusal listed in Section 48 (such as incapacity, an invalid arbitration agreement, improper notice, or a conflict with India's public policy); once satisfied, the award is deemed a decree of that court.

Does challenging a domestic award under Section 34 automatically stop its enforcement?

No. Since the 2015 amendment, merely filing a Section 34 application to set aside a domestic award does not by itself stay enforcement under Section 36 — the party challenging the award must separately apply for, and be granted, a stay, which courts frequently condition on depositing part or all of the awarded amount.

Do you represent us as legal counsel in the arbitration?

No — AU Corporate is not a law firm and does not appear as counsel of record. We work alongside your appointed legal counsel, whether Indian or international, providing the financial claim preparation, quantification and expert witness support described on this page.

Should a cross-border contract with an Indian counterparty specify institutional or ad hoc arbitration?

Most foreign companies contracting with Indian counterparties now specify institutional arbitration — under bodies such as the Mumbai Centre for International Arbitration (MCIA), the Indian Council of Arbitration (ICA), or an international institution such as the SIAC — for the procedural certainty and administrative support institutional rules provide over ad hoc arbitration. MCIA's updated 2025 Arbitration Rules, for example, added joinder of non-parties, expedited early dismissal and emergency arbitrator procedures broadly in line with major global institutions.

Financial Expertise in Arbitration Proceedings

Arbitration proceedings often involve complex financial matters that require detailed analysis and objective evaluation. Financial experts play an important role in helping arbitrators understand commercial transactions, accounting records, valuation methodologies and damages calculations.

Businesses involved in contractual disputes, shareholder disagreements, partnership conflicts and delayed payment claims frequently require support in quantifying losses and presenting evidence-backed financial conclusions.

Professional arbitration support may include claim preparation, expert reports, business valuation, damages assessment, reconciliation of accounts, review of opposing claims and assistance during hearings.

At AU Corporate, our team assists businesses, legal professionals and stakeholders with independent financial analysis designed to support arbitration proceedings with clarity, accuracy and credibility.

Confidential & Professional Support

We work closely with clients and legal professionals while maintaining strict confidentiality and high professional standards.

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