Not being biased, Hyderabad deserves IAMC, asserts CJI Justice Ramana
He said that arbitration and mediation have a long history in the country, which are now being used for dispute resolutions across the world
Hyderabad: Asserting that he favoured alternative dispute resolution methods, Chief Justice of India Justice N.V. Ramana on Saturday said that they can render immense service to the Indian judicial system by preventing matters from going to courts.
Speaking at the inaugural of the international arbitration and mediation centre (IAMC) on its temporary premises at Gachibowli here, CJI Ramana said that arbitration and mediation have a long history in the country, which are now being used for dispute resolutions across the world.
“I have been quite vocal in my support for such ADR methods. They can either prevent matters from going to courts or in having litigations moved out of courts,” he said.
Chief Minister K. Chandrashekar Rao, who jointly inaugurated the office with Justice Ramana, handed over the keys of two floors at VK Towers in Gachibowli. A permanent structure for IAMC is coming up on five acres of land allotted to it by the state government at Puppalguda.
“Hyderabad needs to set up facilities of international standards. I am not doing any favours to the city but just contributing to enhancing its glory,” CJI Ramana said.
On bringing IAMC to the city, he clarified, “Hyderabad is my city. I might be accused of being a little partial towards it. Honestly, it is one of the best cities in the country as a growing hub for commerce and good destination for business.”
CJI Ramana thanked the Chief Minister for helping in establishing IAMC within a short span of time.
Minister K.T. Rama Rao said that the state government will highlight IAMC across global forums.
Incidentally, before its commencement, IAMC got a high-profile case involving former IPL commissioner Lalit Modi and his mother Bina Modi.
Several legal luminaries like Justice Ravindran, Justice Lavu Nageshwar Rao, Justice Hima Kohli, Justice Satish Chandra Sharma, Justice Prashant Kumar Mishra, and ministers were present at the inauguration.