Rijiju stresses need for institutional arbitration

Rijiju stresses need for institutional arbitration

While addressing the concluding session of the Delhi Arbitration Weekend (DAW) organised by the Delhi International Arbitration Centre, Union Law Minister Kiren Rijiju extended the government’s support to the recommendations from the three-day event, calling them “path-breaking”.

Rijiju, who was the chief guest of the session, assured that “when courts initiate certain actions, the support from the government is expected.”

“I feel so privileged to be part of an event which is court-driven. It is my duty to ensure that whatever comes out of all the recommendations of this three-day intensive event, the government has to support it. It is not just coming out of the blue. It is coming out of deliberations and research. The whole global world of arbitration is looking at India because of this initiative,” Rijiju said.

Rijiju emphasised the need for institutional arbitration to enhance the ease of doing business and spoke on the government’s action of setting up the Arbitration Council of India, which is expected to incentivise arbitral institutions to improve their functioning and to bring uniformity of norms by framing policies and holding training as well as workshops.

 

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