ADR Centre, the dispute resolution wing of Civitas Legal Solutions along with Indian Chamber of Commerce and Industry, Mattanchery organized a seminar on ‘Arbitration of Commercial Disputes’ on 28th Januray,2012. Adv. Aravind Minocha, expert arbitrator and Advocate, Supreme Court of India was the main speaker. He stressed on the importance of arbitration as a tool for speedy dispute resolution. According to him, Courts should exercise restraint while interfering with arbitral awards, otherwise arbitration itself becomes meaningless. He also stressed on the need to promote arbitration institutes as it reduces cost, brings transparency and is professional in service.
Responding to queries from participants, he also advised businessmen to be careful while drafting arbitration clauses suggested that in international contracts, it is always preferable to mention the place of arbitration as India.
Adv. Jithin Paul Varghese, speaking on the occasion, explained the functioning of ADR Centre and Mr. S. Ramakrishanan, Secretary , Indian Chamber of Commerce offered felicitation. Event was attended by business men, chartered accountants