SF Prep Notes

National Conference on Institutional Arbitration held at Bharat Mandapam; Meghwal says India will become arbitration hub

On 14 June 2025 at Bharat Mandapam, New Delhi, the Department of Legal Affairs held a National Conference on Institutional Arbitration with ONGC and the India International Arbitration Centre.

Summary

The Department of Legal Affairs, Ministry of Law & Justice, organised a National Conference on Institutional Arbitration with ONGC and the India International Arbitration Centre (IIAC) at Bharat Mandapam, New Delhi on 14 June 2025, to promote institutional arbitration as the preferred mode of commercial dispute resolution. Law MoS (Independent Charge) Arjun Ram Meghwal, Guest of Honour, said 'India will become the arbitration hub'. IIAC Chairperson Justice Hemant Gupta (Retd.) described the transition from the International Centre for Alternative Dispute Resolution (ICADR) to IIAC as a significant move and urged PSUs to adopt institutional frameworks. Law Secretary Dr Anju Rathi Rana spoke of designating IIAC as the preferred arbitral institution in PSU contracts.

Key facts

Date and venue
14 June 2025, Bharat Mandapam, New Delhi
Organisers
Department of Legal Affairs with ONGC and IIAC
Guest of Honour
Arjun Ram Meghwal
IIAC Chairperson
Justice Hemant Gupta (Retd.)
IIAC's predecessor
International Centre for Alternative Dispute Resolution (ICADR)

Practice MCQs 3 questions

Q1 Advanced

The India International Arbitration Centre (IIAC) replaced which earlier body, as noted at the conference of 14 June 2025?

Show answer

Correct answer: D — International Centre for Alternative Dispute Resolution

PIB (Law): IIAC Chairperson Justice Hemant Gupta (Retd.) emphasised the transition from the erstwhile International Centre for Alternative Dispute Resolution (ICADR) to IIAC.

Q2

Who is the Chairperson of the India International Arbitration Centre, as per the conference held on 14 June 2025?

Show answer

Correct answer: B — Hemant Gupta

PIB (Law): the inaugural session opened with a welcome address by Justice Hemant Gupta (Retd.), Chairperson, IIAC.

Q3 Advanced

Consider the following statements about the National Conference on Institutional Arbitration of 14 June 2025: 1. It was organised by the Department of Legal Affairs in collaboration with ONGC and IIAC. 2. It was held at Vigyan Bhawan, New Delhi. Which of the statements given above is/are correct?

Show answer

Correct answer: A — 1 only

PIB (Law): the conference was organised by the Department of Legal Affairs with ONGC and IIAC, so 1 is correct; it was held at Bharat Mandapam, not Vigyan Bhawan, so 2 is wrong. So the answer is 1 only.

← All current affairs