Nikhil Choudhary, LL.M., School of Law Justice and Governance, Gautam Buddha University, Greater Noida, U.P 1. Introduction Due to globalization, the growth of international commerce, and the interconnectedness of financial systems, cross-border business conflicts have grown more frequent. Today's businesses sometimes operate in many countries, resulting in intricate contractual arrangements. Due to its flexibility, anonymity, and affordability as compared to litigation or arbitration,...