Artificial Intelligence: Artificial Intelligence can be helpful in arbitration: Union Minister Kiren Rijiju


Posted on 20th Feb 2023 10:40 am by rohit kumar

Union Law Minister Kiren Rijiju pitched for institutional arbitration, pointing out flaws in ad hoc arbitration. Said that Artificial Intelligence (AI) can be helpful in this task. It can assist arbitrators with tasks such as document review and analysis, legal research, and award drafting.

 

Union Law Minister Rijiju was addressing the Delhi Arbitration program organized in the High Court on Sunday as the chief guest. He said that most people prefer ad hoc arbitrations, where the proceedings are not governed by pre-determined rules. Therefore, the proceedings are susceptible to court intervention at various stages.

 

Did you know?Explore Trending and Topic pages for more stories like this.

The judiciary should have cooperated

Emphasizing institutional arbitration, he said that new arbitration centers must be set up in non-metro cities. Citing World Bank's EODB report, he said that India takes 1,445 days to resolve a dispute and 31 percent of the claim value for dispute resolution is spent during the process.

 

Kiren Rijiju said that the judiciary must be cooperated to achieve the objectives of ease of doing business and ease of living. Courts should be paperless. In the new Union Budget, an average of Rs 1,000 crore has been allocated for the third phase of the e-court project.

 

The international community had come to the virtual system during the Corona period

At the Justice Kaul event, Supreme Court Justice Sanjay Kishan Kaul said that virtual court hearings have increased efficiency and it is necessary to use this system through huge infrastructure. Said that when the whole world was in the grip of Corona pandemic, the international arbitration community shifted to a virtual system. We also started virtual hearings.

 

India being a developing country faced infrastructure and connectivity issues but it did not take long to find a way to operate efficiently. Regarding artificial intelligence tools, he said that the apex court has constituted an AI committee, which is looking into various aspects.

 

Also Read: Fiji told the importance of relations with India, said on the discussion of China - wrong thing...

1 Like 0 Dislike
Previous news Next news
Other news

IND vs BAN: What is the mantra of Team India's success in World Cup 2023? Hardik Pandya revealed

The Indian team has performed brilliantly so far in the ICC Cricket World Cup 2023. The Rohit Sha

Swami Vivekananda: President Murmu paid tribute on National Youth Day, and the PM said this...

On Monday, the entire nation celebrated the 163rd birth anniversary of Swami Vivekananda. At Belu

Rath Yatra 2023: Lakhs of devotees gathered in Puri Jagannath Dham, Ashwini Vaishnav arrived to pull the chariot

The world-famous Rath Yatra of Mahaprabhu is being celebrated with full enthusiasm in Jagannath D

Suspense on the name of CM in Karnataka! DK Shivakumar left for Delhi from Bangalore, said - I will not blackmail

The suspense remains on who will be the next CM of Karnataka. Karnataka Congress President DK Shi

SA vs IND: Quinton De Kock wanted to retire before the series against India, then how did he change his mind; The Coach told the whole story

Rob Walter on Quinton De Kock's Retirement Decision: Before the upcoming series against India, So

GATE Admit Card 2024: Admit card for the GATE exam will be released today, link will be active on gate2024.iisc.ac.in

Update for lakhs of candidates preparing for the GATE 2024 exam. The admit card (GATE Admit Card

PM Modi will flag off the first sleeper Vande Bharat train today; the 958 km Howrah-Guwahati distance will now be covered in just 14 hours.

Prime Minister Narendra Modi will flag off India's first Vande Bharat sleeper train today (Januar

Delhi-NCR Rain: Cold wave lashes several areas of Delhi-NCR late last night, bringing down the temperature.

The weather in Delhi-NCR has changed. The rain that began late Sunday night continued on Monday.

Nick Jonas-Priyanka Chopra became romantic at the premiere of Citadel, killer poses in front of the camera

Priyanka Chopra has become a topic of discussion these days regarding the web series 'Citadel'. T

EAM Jaishankar will visit three countries, and India will corner Pakistan on the issue of terrorism; these topics will also be discussed

External Affairs Minister S Jaishankar will go on a six-day visit to the Netherlands, Denmark, an

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash