Saturday, April 30, 2011

ADR Scheme established in Kolkata

Last Saturday (April 23, 2011), the Bengal Chamber of Commerce and Industry organised a National Conference in Kolkata titled "Proposed Amendments to the Arbitration and Conciliation Act, 1996 and ADR".
In light of the fact that alternative dispute resolution mechanisms were not as popular as desired in India, this conference aimed at re-launching ADR by the Bengal Chamber and attempt to make arbitration, mediation and conciliation popular and effective instruments of dispute resolution to relieve the pressure on the courts of law, in the words of Mr. Sandipan Chakravortty, President of the Chamber.
Peter Norman Lodder, Chairman of the Bar Council of England and Wales, who was present at the conference, was of the opinion that international businesses would be prompted to invest in a place with a speedy and independent local justice system.
This ADR scheme, with an international character and English barristers on the Bengal Chamber panel of arbitrators would thereby assist in promoting Kolkata as an international business centre.

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