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.
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...
Earthquake in Delhi: Earthquake tremors in Delhi-NCR, epicenter was in Faridabad, Haryana
Earthquake in Delhi-NCR: Earthquake tremors have been felt once again in Delhi-NCR. These tremors were felt in the capital Delhi and the surrounding cities of Faridabad, Gurugram, Ghaziabad, and
In 100 days, the Modi government started projects worth Rs 15 lakh crore, many gifts to farmers, gifts to youth and women too.
100 days of Prime Minister Narendra Modi's third term have been completed. The government has started projects worth Rs 15 lakh crore in these 100 days. 3 crore houses were approved under the Pradhan
IND vs PAK: Will the Asia Cup match between India and Pakistan be cancelled? An Emirates Board official answered.
There is a lot of speculation about the Asia Cup match to be played between India and Pakistan. Indian fans demand that Team India not play against Pakistan. However, the Chief Operating Officer (COO)
Earthquake: Earth shook from Kabul to Delhi, 622 people feared dead due to earthquake
The earthquake has caused massive destruction in Afghanistan. Strong tremors were felt late at night in the south-eastern part of Afghanistan. The intensity of the earthquake was so high that many
Protests in Karnataka against Muslim reservation, VHP calls Siddaramaiah government's decision unconstitutional.
Vishwa Hindu Parishad workers on Tuesday protested against the Karnataka government's decision to implement a four percent reservation for Muslims in public contracts.
Haryana Election: BJP, which accused Congress of nepotism, is itself trapped! Tickets given to family members of 10 leaders
BJP, which often attacks parties doing family politics in Haryana, has got entangled in its own web this time.
Ranveer Allahbadia: Dhruv Rathi enters Ranveer Allahbadia's case, and gives this advice by sharing a video
The matter of controversial comments in 'India's Got Latent' is constantly in the headlines. A police case has also been filed against YouTubers Samay Raina and Ranveer Allahbadia in this matter. Now
Diljit Dosanjh: Diljit reacted to the news of being cozy with singer Taylor Swift, and said such a thing
Diljit Dosanjh And Taylor Swift: Punjabi and Bollywood singer Diljit Dosanjh was recently seen performing at Coachella, due to which Diljit has come into the limelight.
IND vs SA: Will Rohit captain the T20 World Cup? India will play eight matches before the tournament; Decision from IPL!
BCCI on Thursday announced the team for the South Africa tour. Three captains have been made for all three formats. Issuing a special note, BCCI wrote that Rohit Sharma and Virat Kohli had asked for
Uttarakhand Forest Fire: Incidents increased, forests burnt more, and death toll also increased... know the shocking figures
Four people died of burns while extinguishing the fire in the forest of Gairad. Forest department employees along with PRD jawans are also involved in this. The ever-increasing fire in the forests of
