15.01.2015 Views

Annual Report-2003-2004 - Indian Council of Arbitration

Annual Report-2003-2004 - Indian Council of Arbitration

Annual Report-2003-2004 - Indian Council of Arbitration

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

CYMK<br />

and emphasized on the need to constitute the SAARC<br />

<strong>Arbitration</strong> <strong>Council</strong>.<br />

XX) First International Symposium on<br />

“Strengthening Mediation and <strong>Arbitration</strong><br />

Centres” - September 2-3, <strong>2004</strong> -<br />

Chamonix (France).<br />

The International Trade Centre <strong>of</strong> UNCTAD/WTO<br />

organized the first International Symposium on<br />

“Strengthening Mediation and <strong>Arbitration</strong> Centres” at<br />

Chamonix, France on 2-3 September <strong>2004</strong> with special<br />

focus on institutions in developing economies. The<br />

purpose <strong>of</strong> the Symposium was to address, from a<br />

practical standpoint, the challenges facing dispute<br />

resolution centres in efficiently delivering their services<br />

at the national level. The subjects discussed were as<br />

follows:<br />

- Structure <strong>of</strong> an arbitration and mediation<br />

centre;<br />

- Management and financing <strong>of</strong> the<br />

centre;<br />

- Administering arbitration services;<br />

- Diversifying the services <strong>of</strong>fered;<br />

- New fields (sports, creative arts, internet, etc.);<br />

- Small Claims;<br />

- Promotion Marketing;<br />

- Relations with the business community;<br />

- Co-operation/Co-ordination with other<br />

arbitration centres and<br />

- <strong>Arbitration</strong> and mediation clinics.<br />

The international Trade Centre (ITC) brought together more<br />

than 60 directors/participants <strong>of</strong> centres from 50<br />

developing and developed countries at this symposium.<br />

In addition to many new centres some <strong>of</strong> the world’s<br />

foremost institutions in the field were present, including<br />

the International Chamber <strong>of</strong> Commerce; the International<br />

Federation <strong>of</strong> Commercial <strong>Arbitration</strong> Institutions; and the<br />

UN Commission on International Trade Law, whose model<br />

law on arbitration forms the basis <strong>of</strong> national legislation<br />

in more than 40 countries.<br />

Mr. D M Popat, Vice-President, ICA and Mr. G K Kwatra,<br />

Executive Director, ICA, addressed the Symposium.<br />

XXI) Conference on “Role <strong>of</strong> Institutional<br />

<strong>Arbitration</strong>: IPR & IT” - September 14,<br />

<strong>2004</strong> - Bangalore.<br />

The ICA in association with FICCI and FKCCI organised<br />

a Conference on “Role <strong>of</strong> Institutional <strong>Arbitration</strong>: IPR &<br />

IT” on September 14, <strong>2004</strong> at Bangalore. Hon’ble Mr.<br />

Justice N K Jain, Chief Justice, Karnataka High Court,<br />

inaugurated the Conference. In his inaugural address he<br />

emphasized on the importance <strong>of</strong> the institutional<br />

arbitration particularly in International Commercial<br />

disputes. While referring to the other arbitral institutions<br />

<strong>of</strong> the world, he specially made a mention <strong>of</strong> the ICA<br />

which he believed is the only recognized arbitral institution<br />

in India. He also appealed to the arbitral institutions for<br />

training various pr<strong>of</strong>essionals on the arbitration procedure.<br />

Mr. Yogendra Kr. Modi, President, ICA delivered the<br />

Welcome Address. In his address, Mr. Modi said that<br />

institutional arbitration is becoming particularly important<br />

for sections such as information technology and for<br />

issues relating to IPR. Such Sectors and issues are<br />

characterized by international transactions, where the<br />

law applicable vary from country to country and involve a<br />

high level <strong>of</strong> specialization in the domain concerned.<br />

Mr. Modi requested the Hon’ble Chief Justice to consider<br />

designating well recognized arbitral institutions like ICA<br />

and made them a part <strong>of</strong> the scheme under Section 11<br />

<strong>of</strong> the <strong>Arbitration</strong> & Conciliation Ac, 1996. This would<br />

mitigate such delays as ICA provides for complete dispute<br />

resolution services with quality case administration and<br />

10<br />

39TH ANNUAL REPORT <strong>2003</strong>-04<br />

CYMK

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!