Tuesday, April 4, 2017

B N Srikrishna committee for institutionalisation of arbitration mechanism in India

Union Govenment has costituted a High-Level Committee(HLC) to review institutionalisation of arbitration mechanism in India. The committee will be headed by Justice B N Srikrishna, the retired Judge of Supreme Court.It will also examine specific issues and prepare roadmap required to make “India a robust centre for international and domestic arbitration. The committee will review the resources,facilities,funding and manpower of existing  Alternative Dispute Resolution(ADR) institutions. Review working of the institutions that is funded by the Union Government arbitration purposes. The committee have to submit its report within a period of 90-days. 

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