In this work, the author has brilliantly delineated the historical growth of the law as prevailing in India and abroad, the methods to be followed in the matter of appointment of arbitrators, the principles and procedure in international commercial arbitration, foreign awards and enforcement thereof and the role of conciliators who are not empowered to pass awards but to countersign the agreement reached between the parties through the intervention and persuasion of the conciliators, the agreement so signed taking the similar effect of an executable award as that of the arbitrators themselves. Illuminated with up-to-date case laws, foreign and Indian, the sectionwise commentaries with special emphasis on the pronouncements of the Supreme Court and of the different High Courts on the law of arbitration &amp;amp; conciliation of conflicting decisions, where needed, give a unique importance to the book.