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Building India into a Global Arbitration Hub
- October 10, 2020
- Posted by: Drishti Sharma
- Category: Global growth
Over the past few years, the government has taken a pro-active approach to promote India as an arbitration hub.
With a view to revamp the International Centre for Alternative Dispute Resolution (“ICADR”), which was set up in 1995 to promote alternative dispute resolution mechanism in India the New Delhi International Arbitration Centre Act, 2019 was passed by the Parliament.