Objective and scope of research – Research methodology – Introduction – Understanding the unfair arbitration scenario: why the stance taken by BRICS is important? – Abundance of investment treaties with inherent biases – Bias and arbitration – BRICS: Growth showing need for a robust legal system – Understanding the factors behind legal system BRICS countries – Protection clauses in BITs of BRICS – Why are the BRICS nations apprehensive yet pushing for reform? – Towards the development of a comprehensive arbitration mechanism for BRICS – Proposed features of a fairer system of dispute resolution – Role of BRICS in bringing forth the change – Measures taken towards the promotion of fairness in Arbitration by BRICS nations – Final considerations – References.