TMI BlogComments invited on the working paper of the high level committee to review the Institutionalisation of Arbitration Mechanism in India by 7 April 2017X X X X Extracts X X X X X X X X Extracts X X X X ..... Comments invited on the working paper of the high level committee to review the Institutionalisation of Arbitration Mechanism in India by 7 April 2017 - News and Press Release Dated:- 16-3-2017 - News - Press Information Bureau Government of India Ministry of Law Justice 16-March-2017 17:11 IST The Government of India has emphasised the need for promoting arbitration as a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... preferred dispute resolution mechanism for commercial disputes. Pursuant to this, a High Level Committee has been constituted under the Chairmanship of Mr. Justice B N Srikrishna, Retired Judge, Supreme Court on 29 th December 2016 to review the institutionalisation of arbitration mechanism in India and submit a report. The Committee has prepared a Working Paper, which is available on the web ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... site of the Ministry of Law and Justice at http://legalaffairs.gov.in/admin3 The Working Paper seeks to ask some important questions as to how to make India as a hub for institutional arbitration. The Paper also attempts to review why several existing arbitral institutions in India are not functioning effectively. For this purpose, the Committee has prepared two questionnaires addressed to (a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ) arbitral institutions in India; and (b) stakeholders in arbitration such as parties, their in-house counsel, lawyers and arbitrators. The questionnaires constitute Annexures 1 and 2 to the Paper. Further, the Paper studies some of the most popular arbitral institutions worldwide in order to identify international best practices. On this basis, the paper identifies areas for reform in the Indi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... an arbitration landscape. The Committee invites public comments on suggestions made in this Working Paper as well as any other suggestions on strengthening institutional arbitration in India. All responses should be limited to 25 typed pages. The comments may be submitted by email to [email protected] on or before 7 th April 2017. Further, all existing arbitral institutions in India ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... are requested to complete the questionnaire annexed as Annexure 1 to this Working Paper and email the completed questionnaire to [email protected] on or before 7 th April 2017. Alternatively, the questionnaire can be filled as a Google form at this link - https://docs.google.com/forms/d/e/1FAIpQLSeI-7n4DMChhsVzMh9NZIgYu20fww22lt5-8mwJbA3aZbz6Mg/viewform?usp=sf_link All parties, in- ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... house counsel, lawyers and arbitrators are requested to complete the questionnaire annexed as Annexure 2 to this Working Paper and email the completed questionnaire to [email protected] on or before 7 April 2017. Alternatively, the questionnaire can be filled as a Google form at this link https://docs.google.com/forms/d/e/1FAIpQLSdOP2TquwPKF-6M7ZPjy1LlOnMQPawTu3fU71fk4UeSFFLQhQ/viewfo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rm?usp=sf_link NNK/MD - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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