Presentation |
The Indian Council of Arbitration (ICA) was set up, pursuant
to a recommendation of the Indian Ministry of Commerce, in 1965,
under the Societies Registration Act, 1860. It is founded and
sponsored among others by the Government of India and the
Federation of Indian Chambers of Commerce and Industry. Many other
public and private sector undertakings interested in commercial and
arbitration matters are members of the Council. ICA is a non-profit
service organisation for promotion of the use of commercial
arbitration and the smooth flow of trade.
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Functions |
- Provides arbitration facilities for all types of domestic
and international commercial disputes - Uses its good offices for
conciliation of international trade complaints, non-performance of
contracts or non-compliance with arbitration awards - Organises
arbitration conferences and training programmes in different parts
of India - Conducts research and publishes arbitration literature,
including a quarterly Arbitration Journal - Provides information
and advice to all interested parties on drafting of trade contracts
and arbitration laws and on establishing dispute settlement
procedures and facilities - Maintains cooperative links with
arbitration bodies throughout the world
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