The first ever Global Conference to Strengthen Arbitration and Enforcement in India held in New Delhi. The three day long conference titled, “National Initiative On Strengthening Arbitration And Enforcement In India” from October 21st to 23rd, 2016 is being launched by the Government and Judiciary as a major initiative to change the face of dispute resolution in India. For the first time six leading
international arbitral institutions (HKIAC, ICC, KLRCA, LCIA, PCA and SIAC) and all major industry associations (FICCI, PHD Chamber, CII and ASSOCHAM) have come together to drive this initiative.
iii. The conference seeks to provide impetus to commercial arbitration in India, which is fast gaining pace across the world, for faster, more efficient dispute resolution outside the court room.
iv. President Pranab Mukherjee inaugurated the conference while Prime Minister Narendra Modi delivered a valedictory address the conference had Chief Justice of India Justice T S Thakur as its patron-in-chief.
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