Lexis Nexis’s Commercial Dispute Resolution- State of the Law in India by Anirudh Krishnan – 1st Edition 2024.

To practice commercial law in India today is to operate in a completely transformed ecosystem. Starting in 2015, an entirely new regime was ushered in to minimize judicial interference and maximize party autonomy. Commercial Dispute Resolution- State of the Law in India (1st Edition, 2024), published by LexisNexis, is the ultimate guide to this evolution. Authored by Madras High Court advocate Anirudh Krishnan, this treatise breaks down the stringent timelines, creditor rights, and evidentiary burdens that now define modern Indian dispute resolution.

Insolvency, Restructuring, & Commercial Courts

For professionals overseeing complex commercial real estate property leases, executing arrear recovery, or tracking institutional shareholding during corporate restructuring, understanding this procedural shift is mandatory. The book is divided into four highly focused sections:

• Insolvency and Bankruptcy Code (IBC): Analyzes the position of various classes of creditors—including statutory, secured, and contingent creditors—navigating the strict, creditor-in-control timelines introduced in 2016.

• Commercial Courts Act, 2015: Demystifies the working of the Act, providing a practical guide on how the new civil justice system prevents defendants from obfuscating issues and drastically shortens litigation timelines.

• Alternative Dispute Resolution (ADR): A comprehensive introduction to Pre-Arbitral Procedures (PAPs), multi-tiered dispute resolution clauses, and the substantive interaction between the seat, venue, and jurisdiction in international arbitrations.

Law Meets Technology: Blockchain & E-Evidence

Moving beyond traditional contracts, the book tackles the frontier of commercial transactions:

• Blockchain & Cryptography: Dwells into the decentralized nature of blockchain, consensus mechanisms, and the cryptographic hash functions ensuring transaction transparency.

• Electronic Records: Analyzes various evidentiary issues crucial for modern trials, including the strict processes for proving electronic records, discovery, and serving interrogatories.

Who Should Buy This Book?

• Corporate Restructuring & Insolvency Professionals: The ultimate desk reference for navigating creditor hierarchies and NCLT proceedings under the IBC.

• Commercial Litigators & Arbitrators: Essential for executing domestic and international arbitrations, enforcing PAPs, and mastering the Commercial Courts Act.

• Financial Analysts & Corporate Counsels: A vital tool for assessing litigation risks, understanding corporate debt recovery, and protecting institutional capital.

About the Author

Anirudh Krishnan

Anirudh Krishnan is a highly regarded Advocate at the Madras High Court and the founding partner of AK Law Chambers. He holds an undergraduate degree in law from the National Law School of India University (NLSIU, Bangalore) and a Bachelor of Civil Law (BCL) from the University of Oxford.

Widely recognized for his expertise in commercial litigation, domestic and international arbitration, and corporate restructuring, his practice heavily centers on complex commercial disputes and infrastructure arbitrations. In addition to this 2024 treatise, he is the celebrated author of The Law of Reservation in India and serves as the chief editor for Justice R.S. Bachawat’s Law of Arbitration and Conciliation (LexisNexis).

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