Saturday, November 9, 2024

IAMC holds two-day Arbitration Summit

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The International Arbitration and Mediation Centre (IAMC), Hyderabad organised a two-day Arbitration Summit at Hyatt, Gachibowli on Tuesday. The event was a confluence of leading arbitration experts from the India and Middle East/ North Africa (MENA) region. The summit included keynote addresses, panel discussions, and interactive sessions covering a wide range of topics, focusing on arbitration and innovative dispute-resolution mechanisms.
It was a first-of-its-kind confluence of leading law firms, institutions, and organisations in India and the MENA region provided a platform to exchange ideas and familiarize with industries and stakeholders.
Tariq Khan, Registrar of IAMC Hyderabad delivered the welcome address, highlighting the key achievements of IAMC since its inception in December 2021.
Justice Hima Kohli, Judge, Supreme Court of India, graced the occasion as the Chief Guest and highlighted that the India-MENA Arbitration Summit has been organised by IAMC to bring global experts from India and the Middle East and North Africa Region to bolster arbitration in the international legal paradigm.
She said, “India’s dynamic economic and legal progress, in synergy with the MENA region, positions it as an emerging leader in global dispute resolution. This century will define India’s ascent as a global arbitration leader, particularly in collaboration with the MENA region in the international legal arena.”
Justice Alok Aradhe, Chief Justice of the High Court for Telangana, stated that there is a statutory duty upon the judiciary to identify cases which are fit for resolution through alternative means and that the courts must ensure the sanctity of the arbitration process and respect party autonomy in the arbitral process.

Jehad Kazim, Executive Director of the Dubai International Arbitration Centre (DIAC), remarked that UAE’s investment in India reflects the deep ties between the two regions. She encouraged the gathering to use the Summit as a platform to harbour solutions that address the challenges for a sustainable future for arbitration.
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