Latest news with #InternationalArbitrationandMediationCentre
Time of India
a day ago
- Business
- Time of India
‘Will move SC': IAMC to challenge Telangana HC order quashing 3.7-acre land; ex-CJI Ramana has no role, says trustee; focus on pro bono mediation, training drive
The International Arbitration and Mediation Centre (IAMC) will challenge the Telangana High Court's decision to quash the land allotment in the Supreme Court. IAMC clarified that former CJI NV Ramana's role was limited to drafting the trust deed. HYDERABAD: City-based International Arbitration and Mediation Centre (IAMC) life trustee and Supreme Court former judge Justice (Retd) B Sudarshan Reddy on Saturday stated that they will challenge Telangana high court judgment quashing the allotment of 3.70 acres to IAMC in the Supreme Court. Justice Reddy clarified that former Chief Justice of India (CJI) NV Ramana has no association with IAMC beyond drafting the trust deed. He emphasized that an independent trust manages the centre and that Justice Ramana was not involved in its operations in any capacity. IAMC registrar A J Jawad said that IAMC, founded as a public charitable trust, would work with renewed vigour and rededicate itself to administering arbitration, mediation and other hybrid alternative dispute resolution (ADR) mechanisms for resolving disputes efficiently with an aim to reduce the burden on courts while fostering awareness and accessibility of ADR for timely and effective dispute resolution. "We are laying more stress on dispute resolutions through mediation. As part of this, we are conducting pro bono mediations. To promote ADR in Telangana, IAMC has undertaken several initiatives. Arbitrations at no administrative cost for cases referred by the Micro and Small Enterprises Facilitation Council (MSEFC) of Telangans is one among them," he added. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad The registrar said apart from dispute resolution, they were committed to awareness-building and capacity development through initiatives. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like One of the Most Successful Investors of All Time, Warren Buffett, Recommends: 5 Books for Turning... Blinkist: Warren Buffett's Reading List Click Here Undo For this they are conducting specialized training programs to create a pool of qualified mediators and arbitrators. IAMC has signed MoUs with national organisations, including the General Counsels' Association of India, the National Academy of Legal Studies and Research, Gujarat National Law University, and Telangana Real Estate Regulatory Authority. The centre also aims to promote community mediation and was conducting training programmes to facilitate dispute resolution at the grassroots level.
Time of India
2 days ago
- Business
- Time of India
Telangana HC cancels land allotment to International arbitration centre; says govt acted in haste, land grant violated rules
HYDERABAD: The Telangana high court on Friday set aside a 2021 govt order that allotted 3.70 acres of prime land in Hyderabad's upscale Raidurg area free of cost to the International Arbitration and Mediation Centre (IAMC). Tired of too many ads? go ad free now The centre was initiated and backed by former chief justice of India, Justice N V Ramana. A division bench of Justice K Lakshman and Justice K Sujana said the state govt displayed undue haste in the allotment. The previous BRS govt had allotted land on Dec 26, 2021. The bench was hearing two PILs challenging the allotment and the financial assistance of Rs 3 crore annually to the centre. At the time, the state had also decided to get all disputes arising from its tenders and other commercial deals necessarily referred to the centre. The bench ruled that the allotment violated the Telangana Land Revenue Act and the Andhra Pradesh Alienation of State Lands Rules, 1975, which mandate market-value payment for land given to private entities. The mediation centre, not being a statutory body or registered under the Companies Act, was deemed ineligible for free land. The bench, however, agreed with the view that the institutional arbitration must be promoted by govts and upheld the state's decision to give an annual financial assistance of Rs 3 crore and automatic reference of disputes. The judges added a rider that the state must review the performance of the centre every year after the passage of five years. HC flags centre's poor performance The two PILs were filed by Koti Raghunath Rao, an advocate from Hyderabad, and A Venkatarami Reddy, a retired govt employee. Senior counsel S Satyam Reddy appeared for one petitioner and questioned the state's support to the centre, which he described as a private trust. Low caseload a concern, says high court The Telangana high court, in its order expressed concern over the poor performance of the mediation centre. Tired of too many ads? go ad free now "We would like to express our concern regarding the performance of the IAMC and its future." the judges said. "The statistics of the IAMC were placed before this Court. It was stated that as on 29.01.2025 only 15 arbitration cases were conducted by the IAMC. Out of the said 15 cases, 11 arbitration cases were conducted pro-bono." The high court bench pointed out that overall only 57 mediation cases were conducted by the centre, of which 17 were pro-bono. "The abysmally low caseload raises concerns regarding the future sustenance of the IAMC on its own. The govt, as a part of its policy, can provide financial assistance to a new institution like the IAMC. However, such financial assistance to a private arbitral institution cannot be perpetual," the bench added.
