Jul 26, 2016
Jul 26, 2016
Jul 24, 2016
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
We are proud to inform our clients and members that we have a well stocked library, and hope to build on this in the years ahead. This is really just to give you a sense of the books and journals that we have. For further details do take a look at our catalogue. Members are free to come to our premises, show their membership card, and work in any of the free halls so long as no bookings are scheduled. They may also avail of our printing facilities (there is a charge per page). The library will remain open for the following official working hours: 10.00 am – 5.00 pm on (Monday to Friday) and 10.00 am – 1.00 pm on Saturdays.
Please note arbitrations do continue late into the evenings on certain days and on Saturdays and Sundays, but there will not be any staff to assist those coming to use the library so we request you to visit only during library opening hours. At present we do not loan out our books or journals. It is a reference library.
Please click on the link below to view the entire Nani Palkhivala Arbitration Centre Library Catalogue