CJI J S Khehar : India becoming hub of international arbitration
CJI J S Khehar : India becoming hub of international arbitration
New
Delhi: Chief Justice of India J S Khehar today said India is becoming a hub of
international arbitration and the government's initiative to work towards zero
interference in the process will promote confidence among foreign traders.
Justice Khehar said that potential for international arbitration is increasing
due to foreign investment.
Speaking at a two-day seminar 'Engaging Asia Arbitration Summit', the CJI said
government's 'Make in India' scheme will make the country a favoured market
among the emerging ones.
"At the highest level of planning in Indian government, efforts are on that neither the government nor its agencies will have interference in international arbitration process. The zero interference by the government will give room for foreign traders in India that the process here is neutral.
"At the highest level of planning in Indian government, efforts are on that neither the government nor its agencies will have interference in international arbitration process. The zero interference by the government will give room for foreign traders in India that the process here is neutral.
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