Indian Council Of Arbitration Holds The Second Edition Of "Arbitrating Indo-UK Commercial Disputes" Conference In London

The Indian Council of Arbitration (ICA) today in partnership with Federation of Indian Chambers of Commerce & Industry (FICCI) held the Second Edition of "Arbitrating Indo-UK Commercial Disputes" Conference in London today. Building on the success of the previous edition, this conference aims to provide valuable insights into the resolution of commercial disputes between India and the United Kingdom.

Distinguished guests and eminent speakers from the legal and arbitration communities graced the occasion to share their expertise and shed light on various aspects of the arbitration process. The conference provided a significant platform for exchange and collaboration between legal professionals, policymakers, and experts in the field.

Justice Hima Kohli, Judge, Supreme Court of India, while delivering the keynote address at the conference provided insights into the challenges and opportunities of arbitrating Indo-UK commercial disputes and emphasised on the fact that judiciary is actively working for an impartial and fair ADR system.

Further enriching the conference, Shri. Arjun Ram Meghwal, Union Minister for Law & Justice, Government of India, in his special address said that over the 9 years, the Indian Government under the leadership of Prime Minister Narendra Modi, have brought far-reaching legal reforms which not only cater to investors' comfort level but also ease the burden on courts have been initiated inter alia with an aim to promote India globally as an arbitration hub.

He further emphasized that India-UK relations, especially in the areas of trade and commerce, are bound to grow further in the years to come. The foundation has been laid with the launch of Roadmap 2030 between the two sides. Roadmap 2030 is a dynamic vision that charts the way forward for bilateral trade between India and the UK, which is projected to see positive growth.

Mr. Harish Salve KC, distinguished member of Blackstone Chambers and Former Solicitor General, shared his expertise and insights during his address at the conference, and said, the journey has begun and it's time for all stakeholders to come together and make India the next hub of arbitration, like London.

Mr. Sujit Ghosh, Deputy High Commissioner of the India High Commission at the UK, graced the occasion with his insightful address, emphasizing the importance of strengthening the bilateral arbitration ties between India and the United Kingdom.

The conference commenced with welcome remarks from Mr. Arun Chawla, Director General of the Indian Council of Arbitration, who said India-UK's business environment calls for a robust dispute resolution tool.

Concluding the event, Ms. Geeta Luthra, Vice President of the Indian Council of Arbitration and Senior Advocate of the Supreme Court of India, extended her vote of thanks. Ms. Luthra's expertise and contributions to the field of arbitration further expected to elevate the importance of this conference.

About Indian Council of Arbitration:

The ICA was established in 1965 as a specialized arbitral body at the national level under the initiatives of the Govt. of India and apex business organizations like FICCI etc. Based in New Delhi, the main objective of ICA is to promote amicable, quick and inexpensive settlement of commercial disputes by means of arbitration, conciliation, regardless of location. Today, ICA is not only the leading arbitral institution in India, it is one of the most important arbitration centres in Asia Pacific, handling more than 400 domestic and international arbitration cases each year. It also provides the commercial world with an unrivalled and time-tested Maritime Arbitration services and imparts education and training in alternative dispute resolution mechanisms. Coupled with our quality case administration and panel of arbitrators, ICA is the one resource for all your dispute resolution needs.