Chief Justice of India N.V. Ramana has emphasised on the need for arbitration, mediation, and conciliation and said dispute resolution will cost less for investors in India. He said the proposed International Arbitration and Mediation Centre in Hyderabad will not only decide international arbitration, but it will also help the domestic investors.
A trust deed has been registered for the proposed arbitration center in Hyderabad. In his remarks on the occasion, the CJI said investors want ease of doing business and the proposed International Arbitration and Mediation Centre in Hyderabad will go a long way in helping both domestic and foreign investors in settling their disputes as early as possible.
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