Arbitration is a mode of alternate dispute resolution which can more often than not be fruitfully resorted to by IP litigants in India. Although a useful tool, arbitration may, at times, turn out as an exercise in vain. In such events, if the arbitral award is patently erroneous and rendered without application of mind then it may be set aside by a court of law. In 2015 the Arbitration and Conciliation Act, 1996 (“the Act”) was amended.
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