• Source: International Arbitration and Mediation Centre

International Arbitration and Mediation Centre (IAMC) as proposed by the International Arbitration and Mediation Centre Trust is an autonomous body which was inaugurated in Hyderabad by Chief Justice of India NV Ramana and Telangana Chief Minister K. Chandrasekhar Rao. It is fourth centre of its kind after ones in Dubai, London and Singapore. The institution acts as mediator or arbitrator for contract value of more than 30 million Indian rupees (393,000 USD) in case of dispute involving any entity owned or managed by Government of Telangana.




Objective


International Arbitration and Mediation Centre was started in Hyderabad as an arbitration and mediation centre as proposed by the International Arbitration and Mediation Centre Trust for resolving commercial disputes and between Government of Telangana and common public.




Pre-Requisite for Mediation


Any ministry,public sector company, department, or any entity controlled or managed by the government of Telangana with a contract value of more than 30 million INR (USD393,000) can request for arbitration/mediation with the institution




Location


The facility is being constructed behind IKEA and in proximity to the IT hub. Government of Telangana provided land and ₹50 crore (US$6.0 million) for construction of building.




Trustees


The trustees of the Institution's board will include Telangana Law ministers,senior judges and other eminent people who will ensure policy level execution apart from regularly amending the policies.




Members


International Arbitration and Mediation Centre operations is managed by a professional Secretary with the support from qualified staff. Many famous persons from legal profession, experts and veterans in commerce industry with specialised in arbitration and mediation field both from India and abroad will form the Governing council of the institution.




See also


Dispute resolution
Singapore International Mediation Centre
New Delhi International Arbitration Centre
Hong Kong International Arbitration Centre
London Court of International Arbitration




References






External links


Official Website
Official Website

Kata Kunci Pencarian:

• Arbitrasi
• Daftar kota menurut PDB
• Hukum Singapura
• International Arbitration and Mediation Centre
• International arbitration
• India International Arbitration Centre
• American Arbitration Association
• Hong Kong International Arbitration Centre
• Arbitration
• Mediation
• International Centre for Settlement of Investment Disputes
• Mumbai International Arbitration Centre
• Jammu and Kashmir International Arbitration Centre