Nani Palkhivala Arbitration Centre (NPAC), is a non profit Sec 25 company founded by Palkhivala Foundation. It was started keeping in mind the growing burden on Indian courts and the inordinate delay disposal of litigation through court. Nani Palkhivala Arbitration Centre (NPAC) is a non-profit company registered under the Companies Act 1956, with the aim […]Read More
Arbitration is a form of alternate dispute resolution, where the parties to a dispute agree to submit their respective positions to a neutral third-party arbitrator for resolution.
Nani Palkhivala Arbitration Centre is a non-profit company registered under the Companies Act 1956, with the aim of providing a world class facility to conduct arbitration proceedings and also to make it a center of excellence in the matter of institutional arbitration. NPAC also provides advisory services relating to drafting and finalising arbitration agreements to enable institutional arbitration.
The purpose of establishing the Centre is to provide quick, efficient and cost-effective arbitration services and to disseminate infromation relating to arbitration.
The Director of Income Tax (Exemptions) has accorded approval u/s 80G of the Income Tax Act 1961 in respect to donations received by the Centre.
Advantages of Arbitration
It is much more cost effective than litigation in conventional courts.
Parties can choose their arbitrators proceedings can be regulated by rules that are simple and easy to apply and follow.
Provides for speedier resolution of disputes and can be done at times convenient to parties.
Less stressful than litigation.
Areas of Conflict where arbitration can be applied
Any civil dispute which a Civil Court is competent to hear can be resolved by arbitration. However arbitration cannot be used in respect of disputes, the resolution of which, have been by law referred exclusively to specialised tribunals or other statutory authorities.
The process of Arbitration can be usefully applied in cases/disputes relating to the following:
Civil Engineering disputes.
Transaction of Public Sector undertakings
Intellectual Property matters
Disputes with or amongst members of
Nani Palkhivala was born in 1920 in Bombay to middle-class Parsi parents. His family name derives from the profession of his forefathers (a common practice among Parsis), who hadRead More
NPAC – CIArb Associate Level
NANI PALKHIVALA ARBITRATION CENTRE & CHARTERED INSTITUTE OF ARBITRATORS (UK) jointly launch Associate Level Arbitration Course on 7th & 8th April 2017 (Friday & Saturday) from 9.30 am to 5.30 pm (2 days course), CIArb Introductory Certificate course for Associate grade (ACIArb).
How the Course will be Delivered:
Over 2 days at NPAC by CIArb-approved tutors.
Who Can Attend?
CAs, CSs, Arbitrators, Lawyers, In-house Counsel, Brokers, Academics, Financial Intermediaries and other Professionals.
PFA the brochure with all details. Kindly enroll yourself to get the best benefits.
Students are given special concession in fee structure. Kindly avail the same.
Last date for Registration is April 1, 2017.
For Further details mail to: firstname.lastname@example.org
Or call us at 044-24986697, 24987145, 24987745