India's legal community has started being exposed to International Arbitration world.
A top senior advocate of India recently said that in International arbitration world, one has to be clear about every word one uses in pleading.
Heavy costs follow if some words are vaguely used or if some unsustainable loose claims are made.
In India, pleadings are loosely drafted and loosely interpreted.
Judges ignore technical objections and focus on doing justice.
While, in international forums, technicalities are more important.
"The rule is : Do not draft a matter unless you are clear about every word you are using."- said a top senior advocate.
Haresh Raichura
14/07/2014