{"id":43157,"date":"2025-11-07T12:36:04","date_gmt":"2025-11-07T07:06:04","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/11\/07\/idrcs-4th-arbitration-in-india-conclave-2025-we-will-strengthen-institutional-arbitration-law-min-meghwal\/"},"modified":"2025-11-07T12:36:04","modified_gmt":"2025-11-07T07:06:04","slug":"idrcs-4th-arbitration-in-india-conclave-2025-we-will-strengthen-institutional-arbitration-law-min-meghwal","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/11\/07\/idrcs-4th-arbitration-in-india-conclave-2025-we-will-strengthen-institutional-arbitration-law-min-meghwal\/","title":{"rendered":"IDRC\u2019s 4th Arbitration in India Conclave 2025: We will Strengthen Institutional Arbitration, Law Min. Meghwal"},"content":{"rendered":"
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IDRC\u2019s 4th Arbitration in India Conclave 2025, Law Min. Meghwal, HMJ Manmohan, Sh. OP Dhankar & Ors<\/em><\/p>\n

New Delhi [India], November 7: <\/strong>The Indian Dispute Resolution Centre (IDRC)<\/strong><\/u><\/a>, in collaboration with\u00a0the Bar Council of India\u2019s India International University of Legal Education and Research (IIULER)<\/strong>, successfully hosted the\u00a0\u201c4th Arbitration in India Conclave 2025\u201d<\/strong> at the India International Centre, New Delhi.\u00a0Supported by CIArb and Vienna International Arbitration Centre, Austria. The Conclave brought together judges, legal luminaries, policymakers, and senior practitioners to deliberate on the theme \u201c<\/span>Autonomy and Accountability in Arbitration: Institutional Arbitration is the Way Forward.\u201d<\/span><\/strong><\/p>\n

Hon\u2019ble Union Minister for Law and Justice, Shri Arjun Ram Meghwal<\/span><\/strong>, delivered the keynote address, outlining the Government\u2019s reform-oriented vision for ADR<\/span>.<\/span><\/strong>\u00a0Stating that\u00a0<\/span>\u201cArbitration, Mediation, and Conciliation are essential tools for strengthening India\u2019s justice delivery and economic growth.\u201d\u00a0<\/span><\/strong>Citing the\u00a0<\/span>Mediation Act, 2023<\/span><\/strong>\u00a0and the forthcoming amendments to the\u00a0<\/span>Arbitration and Conciliation Act<\/span><\/strong>, he said these initiatives would \u201cmake India a preferred seat for both domestic and international arbitration.\u201d<\/span><\/p>\n

Shri Meghwal remarked that ADR mechanisms reflect <\/span>India\u2019s cultural and legal heritage<\/span><\/strong>, noting that \u201cfrom Lord Krishna\u2019s mediation in the Mahabharata to today\u2019s institutional mechanisms, India has always valued resolution through dialogue and alternative modes.\u201d He called upon arbitration institutions to ensure <\/span>accessibility, affordability, and integrity<\/span><\/strong>, noting that \u201c<\/span>judicial intervention should be limited, and efficiency must define India\u2019s dispute resolution landscape.<\/span><\/strong>\u201d<\/span><\/p>\n

Hon\u2019ble Justice Manmohan, Supreme Court<\/span><\/strong>, in his\u00a0<\/span>valedictory address<\/span><\/strong>, called for\u00a0<\/span>institutional arbitration<\/span><\/strong>\u00a0to evolve as a\u00a0<\/span>transparent and predictable<\/span><\/strong>\u00a0system.<\/span>
\n<\/span>Praising IDRC\u2019s achievements, noting that the Centre had conducted over 3,000 arbitrations in five years and has become a \u201csymbol of India\u2019s commitment to establish an efficient and credible ADR ecosystem.\u201d<\/span><\/p>\n

Justice Manmohan observed that \u201cCourts must act as facilitators, not barriers, to arbitration. Excessive judicial interference erodes the very purpose of alternative dispute resolution.\u201d<\/span>
\n<\/span>Highlighting the benefits of Institutional Arbitrations over ad hoc proceedings, he went on to suggest that a moratorium should be placed on all ad hoc arbitrations for a certain period so that institutional arbitration can be strengthened. Referring to the <\/span>Justice BN Shrikrishna Committee Report,<\/span><\/strong>\u00a0he said India should promote arbitration institutions to become a global ADR hub.<\/span><\/p>\n

He proposed\u00a0<\/span>strict timelines<\/span><\/strong>\u00a0for enforcing awards under Sections 34 and 37 of the Arbitration Act to ensure time-bound disposal of arbitration challenges. The Hon\u2019ble Judge also urged the Government to revisit the\u00a0<\/span>Finance Ministry\u2019s circular<\/span><\/strong>\u00a0restricting arbitration only to disputes valued less than Rs. 10 Crore, stating that \u201c<\/span>the Government must remain a part of the arbitration movement, not apart from it.<\/span><\/strong>\u201d<\/span><\/p>\n

Panel Discussion was on \u201cAutonomy and Accountability in Arbitration: Institutional Arbitration is the way forward\u201d<\/span><\/strong>\u00a0moderated by\u00a0<\/span>Dr Shashwat Bajpai<\/span><\/strong>, Founder Partner, DSRB Law Chambers, with panellists:<\/span><\/p>\n