India's First International Arbitration and Mediation Centre (IAMC) launched
Highlights:
- India's First International Arbitration and Mediation Centre (IAMC) was launched at Phoenix VK Tower in Nanakramguda, Hyderabad, Telangana.
- It was inaugurated by Chief Justice of India (CJI) Justice NV Ramana and Chief Minister of Telangana K Chandrasekhar Rao.
- Internationally renowned arbitrators and mediators from countries such as Singapore and the United Kingdom are among those who have been appointed to the center.
- The International Arbitration and Mediation Center (IAMC) was formed to promptly settle conflicts that emerge owing to a lack of sufficient judges.
- IAMC will resolve commercial conflicts as well as disagreements between ordinary individuals.
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