On 23rd December, 2015 Rajya Sabha and on 16/17th December, 2015 Lok Sabha passed two important Bills on (i) the Arbitration and Conciliation (Amendment) Bill, 2015, and (2) The Commercial Courts, Commercial Division & Commercial Appellate Division of High Courts Bill, 2015, which were earlier promulgated as Ordinance by the Hon’ble President of India. Both these Bills are set to revolutionize the resolution of commercial disputes in India.It is hoped that this will bring radical change in the image of India which has beeninfamous for having a heavily overburdened legal system that leads toindefinite delays in the disposal of court cases. Inefficiencies in its legal infrastructure have made it all the more difficult for foreign as well as domestic large investors to protect their investments in India.
Truly, the amended Arbitration and Conciliation Bill & the establishment of the Commercial Courts together would bring a revolution in the speedier resolution of the commercial disputes in India. Both bills reflect commitment of the Government to improve investment climate and spur economic growth. Now India can seek a place as the new arbitration hub of the world after London and Singapore. Hence it is essential to know their key provisions and its effectiveness.
To discuss effects and implications of amended Arbitration & Conciliation Bill and establishment of Commercial Courts, ASSOCHAM International Council of Alternate Dispute Resolution (AICADR) is organizing one day ‘ National Conference on ‘Effects & Implications of Recent Amended ADR/Commercial Courts Laws’ on Tuesday, the 5th April, 2016 at Hotel Shangri-La, New Delhi.
Hon’ble Union Minister of Law & Justice, Shri D.V. Sadananda Gowda, has very kindly consented to be the Chief Guest and Shri P.K. Malhotra, Law Secretary, has also agreed to be the Guest of Honour to address in this conference during the Inaugural session. Hon’ble Judges of Supreme Count/High along with eminent Jurists and Senior Arbitration Practitioners will also address in the Technical Session in this Conference.
KEY ISSUES TO BE DISCUSSED
- Has the enactment of the Arbitration & Conciliation (Amendment) Bill, 2015 improved the arbitration scenario in India?
- How prepared are we to deal with the evolving arbitration laws
- Investment treaties & international treaty arbitration.
- Should India have a separate Arbitration Act for Domestic Arbitration and International Arbitrations, respectively?
- What will be the impact of the enforcement of Commercial Courts Bill, 2015 vis-à-vis arbitration
- Pitfalls in the Arbitration & Conciliation (Amendment) Bill, 2015
- Requirement to make India a HUB for ADR
Click here to avail the delegate registration form, Conference Brochure and tentative agenda of the Conference.
