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IndiaPosted at: Oct 21 2016 9:13PM


Institutional reforms must for strengthening arbitration: Prez

New Delhi, Oct 21 (UNI) President Pranab Mukherjee today called for putting in place, the basic institutional reforms to strengthen the country’s arbitration framework, though he noted that it had the basic legal and physical infrastructure to support international arbitrations.
"Good laws themselves cannot substitute the need for good institutions. Three institutions are particularly critical for strengthening arbitration in India - arbitral institutions, judiciary and the government. ‘’ the President said in his address after inaugurating a Global Conference on ‘National Initiative towards strengthening Arbitration and Enforcement in India'.
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