India becoming hub of international arbitration: CJI

Team SoOLEGAL 22 Apr 2017 1:00pm

India becoming hub of international arbitration: CJI

 Chief Justice of India J S Khehar today said India is becoming a hub of international arbitration and the government's initiative to work towards zero interference in the process will promote confidence among foreign traders.

Justice Khehar said that potential for international arbitration is increasing due to foreign investment.

Speaking at a two-day seminar 'Engaging Asia Arbitration Summit', the CJI said government's 'Make in India' scheme will make the country a favoured market among the emerging ones.

"At the highest level of planning in Indian government, efforts are on that neither the government nor its agencies will have interference in international arbitration process.

The zero interference by the government will give room for foreign traders in India that the process here is neutral...

"In my view, it will promote further confidence of traders in arbitration in the country," he said.

Justice Khehar noted that India has a talent pool of lawyers and arbitrators and the future of international commercial arbitration in Asia must commence from India.


    Tagged: international arbitration   CJI  
    Did you find this write up useful? YES 0 NO 0
    Digital Payment Systemview all

    Active Members

    Have you activated yours ?

    New Members view all

    C2RMTo Know More

    Something Awesome Is In The Work









    Sign-up and we will notify you of our launch.
    We’ll also give some discount for your effort :)

    * We won’t use your email for spam, just to notify you of our launch.