Subject(s): Feasibikity -- Budget estimate -- Judgements -- Genesis of arbitration in India, Evolution of 1996 act -- 1940 v/s 1996 : Organization of acts, debatable points- automatic decree, definition of court, appointment of arbitrator, interim measures -- Business process : Preliminary feasibility, detailed feasibility, budget estimates, tendering , selection, award of contract, execution, supervision, completion, finally payment and exit from process -- Judgements : International commercial arbitration , judgements related to setting aside award