India emerging hub for commercial arbitration: SC judge
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Panaji: The quickest and easiest resolution to disputes is through arbitration and mediation, Supreme Court judge Hima Kohli said. India stands as a reservoir of untapped potential, poised to ascend as a premier destination for commercial arbitration and mediation on the international level, the apex court judge said.
Speaking as the chief guest at the Conference on Ease To Justice Through Arbitration and Mediation in Commercial Disputes organised by the Indian Council of Arbitration (ICA) at Vagator in North Goa on Saturday, she said India is at the forefront of business and global transactions and disputes were bound to arise.
“The quickest and easiest resolution would be through alternate dispute resolutions like arbitration and mediation. The enforcement of the ADR award is imperative to keep the economy buoyant,” she asserted.
