Justice Nariman Launches Asia Pacific Centre for Arbitration & Mediation with Secretariat in India

first_imgNews UpdatesJustice Nariman Launches Asia Pacific Centre for Arbitration & Mediation with Secretariat in India Sanya Talwar12 Aug 2020 4:35 AMShare This – xTen arbitration and mediation centers from Asia Pacific countries came together to launch a one of its kind Asia Pacific Centre for Arbitration & Mediation (APCAM) today. The e-inauguration was held at 4 PM on Thursday, August 6 with various legal luminaries gracing the occasion.Justice Rohinton F. Nariman inaugurated the launch. He began by welcoming dignitaries from Malaysia,…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginTen arbitration and mediation centers from Asia Pacific countries came together to launch a one of its kind Asia Pacific Centre for Arbitration & Mediation (APCAM) today. The e-inauguration was held at 4 PM on Thursday, August 6 with various legal luminaries gracing the occasion.Justice Rohinton F. Nariman inaugurated the launch. He began by welcoming dignitaries from Malaysia, Thailand, Nepal, Indonesia, Australia, Honk Kong, New Guinea & Taiwan to the “historic occasion”Justice Rohinton Fali Nariman, Supreme Court judge inaugurated the Asia Pacific Centre for Arbitration and Mediation (APCAM) on Thursday. Commencing his address, Justice Nariman welcomed international dignitaries from across the globe including Former Chief Justice of India M. N. Venkatachaliah, Justice Madan Lokur, Justice Kurian Joseph and other distinct luminaries from Australia, Hong Kong, Indonesia, Malaysia, Nepal, Papua New Guinea, Thailand and TaiwanWhile expressing his views on the Centre, Justice Nariman called the vision of the APCAM, as the crying need of the hour since the centre focuses on assisting the international business community to resolve their international and cross border disputes through a single set of arbitration and mediation rules combined with the privilege of providing the users of different countries with a uniform fee structure. Justice Nariman further expressed that the endeavour of APCAM to create a single panel of international mediators and arbitrators through a uniform accreditation structure will help in providing the best possible standards in professionalism and credibility which are of utmost importance for any institution. Justice Nariman highlighted that APCAM’s structure of providing both mediation and arbitration service will allow the disputants to first settle their bone of contention without any interference and if that fails then try to resolve their disputes through arbitration. Justice Nariman noted that through this structure APCAM intends to create a fair and time bound manner of dispute resolution which will make the centre move forward.Expressing his viewpoint on Arbitration Council of India, Justice Nariman highlighted that section 43B of the Arbitration and Conciliation (Amendment) Act 2019 called for setting up of such a Council in order to take all such measures as may be necessary to promote and encourage arbitration, mediation or other alternative dispute resolution mechanisms in India. Justice Nariman noted that the council has been empowered in the act to make grading of arbitral institutions on the basis of criteria relating to infrastructure, quality and calibre of arbitrators, performance and compliance of time limits for disposal of domestic or international commercial arbitrations, in such manner as may be specified by the regulations. Justice Nariman expressed that unfortunately the same section has not been enforced because of which there has been a void in terms of systematic and professional institutional arbitration services in India as well as the Asia Pacific region. Concluding his speech, Justice Nariman, applauded the advisory board of the APCAM stating that APCAM is guided by an extremely eminent advisory board comprising of paterfamilias of the Indian judiciary and extinguished jurists of the world. Justice Nariman, at last, expressed his best wishes to the Centre and remarked that the void of institutional ADR services will hopefully be filled in once APCAM starts functioning. Former Chief Justice of India, Justice M.N. Venkatachaliah mulled over what the post-covid world would be like.”Every institution, its utility has to be assessed basis the relevance of time. The world would be divided by not ideology but by Technology. The emerging new world must sit up, take a deep breath and wake up to see what will come forth”He stated that recent studies express great hope for the future, basis confluence of technology. Future of courts are Arbitrations and Mediation which the humane man’s alternative to litigative combat, he said.Former Judge of the Supreme Court, Justice Madan B. Lokur shared his views on the functioning of APCAM in the future.He said that since in the Asia-Pacific region, there are a diverse set of cultures, which often causes confusion because of different laws and rules which have been framed in the countries. Through APCAM, Justice Lokur said that it will bring about uniformity in the procedures and processes when dealing with Arbitrations. Justice Lokur: “This uniform system is remarkable. If we’re able to achieve it, it will bring about a sea-change in the resolution of mediations and Arbitrations” The other aspect which he highlighted was the code of ethics which shall be implemented will give much greater strength to the litigants who come before this tribunal as they will know that the arbitrators and competent and have basic ethical standards so whatever the Award, it will be accepted. “Of course, there is going to be uniformity in fees which will be paid to Arbitrators which will bring a sense of sanity it terms of what fees are paid to arbitrators” he said. The APCAM was inaugurated by Justice RF Nariman, Judge, Supreme Court. Other dignitaries who shall launch APCAM Rules, Website, etc. include Justice Neil McKerracher, Jude, Federal Court of Australia; Prof. Justice Chang-fa Lo, Former Judge, Constitutional Court of Taiwan; Mr. Nopporn Podhirangsiyakorn, Vice President of the Supreme Court of Thailand; Justice AR Sharma, Chairperson, NHRC, Nepal; and Prof. Wisit Wisitsorat, Permanent Secretary of Ministry of Justice, Thailand.Advisory Board Members of the APCAM includes:- Justice MN Venkatachallah, Former Chief Justice of India;- Justice Madan B. Lokur, Former Judge, Supreme Court of India;- Phongthep Thepkanjana, Former Deputy Prime Minister and Chief Judge, Thailand;- Prof. Clyde Croft AM SC, Former Judge, Supreme Court of Victona, Australia;- Prof. Dr. Mieke Komar, Former Justice, Supreme Court Republic of Indonesia;- Mr. Rimsky Yuen Kwok-keung, Former Secretary for Justice of Hong Kong;- Justice Keshari Raj Pandit, Former Chief Judge, High Court of Nepal.Governing Board Members of the APCAM include:Chairman— Mr. Anil Xavier, President, IIAM, India;Vice Chairman— Dr. Francis Law, Chairman, SKIMC, Hong Kong;Vice Chairman— Datuk Kuthubul Zaman, Co-Chairman MMC, Malaysia;Secretary General— Mr. Fahmi Shahab, Director, PMN, IndonesiaChair-Accreditation— Dr. rajesh Sharma, Director, IIAM, Australia;Executive Director— Ms. Iram Majid, Director, IIAM, India;Board Member— Mr. Matrika Niraula, General Secretary, NIAC, Nepal;Board Member— Ms. Siu Wing Sylvia, Immediate Past President, HKIArb, Hong KongBoard Member— Mr. Pasit Asawawattanaporn, Managing Director, THAC, Thailand;Board Member— Ms. Delcy Lagones, Director, ARDC, Australia.The Secretariat of APCAM will be in India and Mr. Anil Xavier from India will be the Chairman, with Dr. Francis Law from Hong Kong and Mr. Kuthubunl Zaman from Malaysia as Vice-Chairmen and Mr. Fahmi Shahab from Indonesia as Secretary General. Ms. Iram Majid from India will be the Executive Director. The Secretariat will be in New Delhi, located at C-51, Greater Kailash 1, New Delhi – 110048. For details, see www.apcam.asia or contact [email protected] or 011 41630997.Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img

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