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14th February 2020
SCOPE
Standing Conference of Public Enterprises (SCOPE) organized a program on International Arbitration and Global Best Practices at SCOPE Convention Centre, New Delhi. Shri Shourav Lahiri, renowned international arbitration lawyer, Shri Atul Sobti, Director General, SCOPE and Dr. S.B. Mitra, ED (Law & HR), GAIL addressed the participants. The seminar was attended by several senior executives of Public Sector Enterprises (PSEs) and empanelled arbitrators of SCOPE Forum of Conciliation and Arbitration (SFCA).

Speaking at the seminar, DG, SCOPE said Arbitration plays a major role in making a country an investment hub as faster resolution of disputes can help achieve investor confidence. He emphasised that with the increased volume of International trade, PSEs need to constantly update their knowledge of International arbitration.

Shri Lahiri shared Global Best practices in drafting, preparing and winning arbitration and encouraged the participants towards understanding and adopting settlements before going to arbitration to save time and resources.

ED (Law & HR), GAIL shared his view on the need to understand and learn from Global best practices to efficiently overcome the challenges in the field of arbitration.

20th December, 2019
SCOPE
Standing Conference of Public Enterprises (SCOPE) organized a national seminar on Challenges & Management of Arbitration which was inaugurated by Minister of State for Heavy Industries & Public Enterprises & MoS, Parliamentary Affairs, Shri Arjun Ram Meghwal. Former Secretary, Law, Shri P K Malhotra; Director General, SCOPE, Shri Atul Sobti; Mr. Sunil Kumar, CMD, MTNL and Dr. S B Mitra, ED (Law & HR), GAIL also addressed the inaugural session. On this occasion, the hon’ble minister also released Special Issue of SCOPE’s KALEIDOSCOPE magazine on Arbitration.

In his inaugural address, Shri Meghwal said that Arbitration & Conciliation (Amendment) Act, 2015 and 2019 by the Government of India are clear indications of the Government’s vision to make India a hub for arbitration. He congratulated SCOPE for conducting the seminar and urged Public Sector Enterprises (PSEs) to create more effective arbitral mechanism which would also help India in further improving its ease of doing business ranking.

Former Secretary, Law in his keynote address advised to expedite arbitration procedure and expressed his pleasure about inclusion of arbitration in contracts of PSEs. He also said that institutional arbitration should be given more importance than ad-hoc arbitration and for that to happen we need to increase the confidence of corporate.

DG, SCOPE in his address expressed concerns on number of pending cases and said that arbitration can not only save time but also money of PSEs. SCOPE Forum for Conciliation and Arbitration (SFCA), he added, is an apt, cost & time efficient platform for PSEs to pursue their arbitration and conciliation matters. He also said that enforcing contract is key concern for PSEs.

CMD, MTNL proposed the Vote of Thanks and highlighted the growing challenges in the field of arbitration. Dr. Mitra presented the program perspective.

The seminar was attended by over 80 senior executives from 30 PSEs.