{"id":37124,"date":"2015-03-28T08:47:32","date_gmt":"2015-03-28T08:47:32","guid":{"rendered":"https:\/\/www.legalindia.com\/news\/?p=37124"},"modified":"2015-03-30T10:01:15","modified_gmt":"2015-03-30T10:01:15","slug":"law-min-bats-for-speedy-disposal-of-commercial-disputes","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/news\/law-min-bats-for-speedy-disposal-of-commercial-disputes","title":{"rendered":"Law Min bats for speedy disposal of commercial disputes"},"content":{"rendered":"<p><a href=\"https:\/\/i0.wp.com\/www.legalindia.com\/wp-content\/uploads\/2015\/03\/law-minister.jpg?ssl=1\"><img data-recalc-dims=\"1\" decoding=\"async\" class=\"alignnone size-full wp-image-32442\" src=\"https:\/\/i0.wp.com\/www.legalindia.com\/wp-content\/uploads\/2015\/03\/law-minister.jpg?w=640&#038;ssl=1\" alt=\"law minister\" \/><\/a>Union Law and Justice Minister DV Sadananda Gowda on Friday emphasised on the need for a judicial system that ensures speedy disposal of commercial disputes, including through arbitration, to accelerate the economic growth and development.<\/p>\n<p>Speaking at a seminar on &#8216;Law and Good Governance&#8217; organised by the Law Department of the Panjab University, the minister said: \u201cIn order to accelerate the economic growth and development, we need to have a judicial system which ensures speedy disposal of commercial disputes, including arbitration in commercial cases.\u201d<\/p>\n<p>The central government was committed to making arbitration a preferred mode for settlement of commercial disputes by ensuring it became user-friendly, cost effective and expeditious mechanism for disposal of cases.<\/p>\n<p>The Law Commission of India, in its 246th Report, recommended several amendments in the Arbitration and Conciliation Act, 1996, which the Centre has taken into consideration while proposing to emendation of the act, the minister said.<\/p>\n<p>&#8220;The proposed amendments in the Act would facilitate in achieving the desired goals,&#8221; he said.<\/p>\n<p>\u201cThe country is committed to improve its legal framework to obviate disposal of cases and proposed amendments are a step in this direction.\u201d<\/p>\n<p>The Law Commission of India, in its 253rd Report on &#8216;Commercial Division and Commercial Appellate Division of High Courts and Commercial Courts Bill, 2015&#8217;, recommended commercial courts at various places and commercial divisions and commercial appellate divisions in the high courts in order to ensure speedy disposal of high value commercial lawsuits.<\/p>\n<p>&#8220;Our government is currently considering speedy implementation of the recommendations of the Law Commission within our constitutional scheme and framework,&#8221; he added.<\/p>\n<p>He said the country also needed to repeal outdated laws that are past their utility.<\/p>\n<p>\u201cThis is an exercise that the central government is committed to do,<br \/>\nhe said. \u201cRecently, Lok Sabha passed Repeal and Amending Bill, 2014. Soon a comprehensive bill to repeal more than 700 Acts including Appropriate Acts will be introduced in Parliament.\u201d<\/p>\n<p>&#8220;Our government has taken initiative for amending the Constitution for evolving a more transparent mechanism for appointment of judges in the Supreme Court and High Courts. A National Judicial Appointment Commission will be in place in due course&#8221;, he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Union Law and Justice Minister DV Sadananda Gowda on Friday emphasised on the need for a judicial system that ensures speedy disposal of commercial disputes, including through arbitration, to accelerate the economic growth and development. Speaking at a seminar on &#8216;Law and Good Governance&#8217; organised by the Law Department of the Panjab University, the minister [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":37125,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[90,1],"tags":[31811,31810,2097,31812,31809,2655,31808],"class_list":["post-37124","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bar-bench-firm-news","category-top-law-news","tag-31811","tag-arbitration-and-conciliation-act","tag-commercial-disputes","tag-dv-sadananda-gowda","tag-speedy-disposal-of-commercial-disputes","tag-union-law-and-justice-minister","tag-union-law-and-justice-minister-dv-sadananda-gowda"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Law Min bats for speedy disposal of commercial disputes - Legal News India - Supreme Court &amp; 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Veerappa Moily said Sunday. He told the 17th Commonwealth Law Conference here that the Commercial Division of High Courts Bill is before parliament.\u00a0 Voicing his concern over the increasing trend in commercial litigation, he\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2011\/02\/M-Veerappa-Moily1.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":37129,"url":"https:\/\/www.legalindia.com\/news\/four-commercial-courts-to-function-in-delhi-hc-from-tomorrow","url_meta":{"origin":37124,"position":1},"title":"Four \u2018commercial courts\u2019 to function in Delhi HC from tomorrow","author":"Legal India Admin","date":"March 28, 2015","format":false,"excerpt":"To ensure speedy disposal of pending commercial cases, Delhi High Court will have four dedicated \u201ccommercial courts\u201d functioning from tomorrow. Chief Justice G Rohini has designated two benches in the original jurisdiction as commercial courts to deal with the suits involving commercial disputes and two division bench in the appellate\u2026","rel":"","context":"In &quot;Bar, Bench &amp; Firm News&quot;","block_context":{"text":"Bar, Bench &amp; Firm News","link":"https:\/\/www.legalindia.com\/news\/category\/bar-bench-firm-news"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23688,"url":"https:\/\/www.legalindia.com\/news\/now-karnatakas-second-bjp-chief-minister-faces-court-heat-in-land-grab-case","url_meta":{"origin":37124,"position":2},"title":"Now, Karnataka&#8217;s second BJP chief minister faces court heat in land grab case","author":"Legal India Admin","date":"September 26, 2012","format":false,"excerpt":"BJP's second chief minister in Karnataka DV Sadananda Gowda, who quit the post last July, and his wife were Tuesday summoned by a court here to appear before it Oct 12 in an illegal construction and land allotment case. The summons was issued by Lokayukta (ombudsman) court judge NK Sudhindra\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":42521,"url":"https:\/\/www.legalindia.com\/news\/time-limit-arbitration-will-help-speedy-disposal-mudgal","url_meta":{"origin":37124,"position":3},"title":"Time limit in arbitration will help speedy disposal: Mudgal","author":"Legal India Admin","date":"April 17, 2016","format":false,"excerpt":"Introduction of time limit for arbitration proceedings in the new ordinance in this regard will help in quick resolution of disputes, according to former Delhi High Court judge Mukul Mudgal. \"This will help in quick resolution of disputes. If the counsel could prepare the claim in advance and present it\u2026","rel":"","context":"In &quot;Bar, Bench &amp; Firm News&quot;","block_context":{"text":"Bar, Bench &amp; Firm News","link":"https:\/\/www.legalindia.com\/news\/category\/bar-bench-firm-news"},"img":{"alt_text":"mudgal","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/04\/mudgal-300x200.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":36093,"url":"https:\/\/www.legalindia.com\/news\/govt-bring-amendment-arbitration-act-next-session","url_meta":{"origin":37124,"position":4},"title":"Govt to Bring Amendment in Arbitration Act in Next Session","author":"Legal India Admin","date":"December 5, 2014","format":false,"excerpt":"Law Minister D V Sadananda Gowda today said the Centre is planning to amend Arbitration and Conciliation Act in next parliament session to make the country an International hub for Arbitration. He said that in order to achieve the objective to make the country hub for arbitration certain basic system\u2026","rel":"","context":"In &quot;Bar, Bench &amp; Firm News&quot;","block_context":{"text":"Bar, Bench &amp; Firm News","link":"https:\/\/www.legalindia.com\/news\/category\/bar-bench-firm-news"},"img":{"alt_text":"arbitration","src":"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2014\/12\/arbitration.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":56786,"url":"https:\/\/www.legalindia.com\/news\/government-initiative-for-speedy-disposal-22-courts-to-ease-burden-on-judiciary","url_meta":{"origin":37124,"position":5},"title":"Government initiative for speedy disposal: 22 courts to ease burden on judiciary","author":"Legal India Admin","date":"July 18, 2019","format":false,"excerpt":"The move will create a business-friendly environment and improve the city\u2019s ease-of-doing-business rank, government sources say. The matter has been placed before the cabinet and a decision is likely soon. Nearly 89,000 civil cases are pending with 59 subordinate courts in the city. These are apart from the 15,000-odd commercial\u2026","rel":"","context":"In &quot;Environment Law News&quot;","block_context":{"text":"Environment Law News","link":"https:\/\/www.legalindia.com\/news\/category\/environment-law-news"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2019\/05\/download-89.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"jetpack_shortlink":"https:\/\/wp.me\/p6H5Bf-9EM","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/37124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/comments?post=37124"}],"version-history":[{"count":0,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/37124\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/media\/37125"}],"wp:attachment":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/media?parent=37124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/categories?post=37124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/tags?post=37124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}