NEW DELHI and MUMBAI, India, Feb. 22, 2012 /PRNewswire-Asia/ --
Australia's leading arbitration body, the Australian Centre for International Commercial Arbitration (ACICA) (www.acica.org.au) will address business leaders and government advisors on opportunities for Indian multinationals engaged in the global economy.
With investors wanting to avoid the uncertainty of litigation in foreign court systems, international arbitration, in a venue neutral to parties, has emerged as the process of choice to resolve disputes.
Indian parties transacting business with companies based in North Asia, China, North and South America, SE Asia and the Middle East need to agree on a neutral venue for the resolution of their disputes.
Companies locked in cross-border disputes are flying to Sydney to settle their disputes as the Australian International Disputes Centre (AIDC), a dedicated world class hearing facility, offers a legally safe, well resourced, and economical venue with guaranteed neutrality. Further, Australian courts are strongly supportive of International Arbitration.
AIDC data notes 80% of cases filed are from overseas. Facilities are also available in other Australian cities particularly Melbourne and Perth.
The events are sponsored by the Australian Government, the Australian High Commission, Global 500 Indian firm, Economic Laws Practice and business behemoth, the ADANI Group.
Mumbai
| Monday: | 27 February 2012 |
| Presentation: | 6.30pm to 8.00pm |
| Reception: | 8.00pm to 9.00pm |
| Location: | Vivanta by Taj - President, Mumbai |
| Forum & Capitol Hall | |
| 90, Cuffe Parade, | |
| Mumbai 400 005 | |
| Maharashtra, India | |
| Reception: | Vivanta by Taj - President |
| Forum & Capitol Hall | |
| Speakers: | |
| Chair: | Mr Vikram Nankani, ELP |
| The Hon. Chief Justice Tom Bathurst | |
| Supreme Court of New South Wales | |
| Professor Doug Jones AM, President, ACICA | |
New Delhi
| Wednesday: | 29 February 2012 |
| Presentation: | 4.30pm to 6.30pm |
| Reception: | 6.30pm to 7.30pm |
| Location: | Australian High Commission |
| Murray Harris Room | |
| 1/50 G Shantipath, | |
| Chanakyapuri | |
| New Delhi, India | |
| Reception: | High Commissioner's Residence |
| Speakers: | |
| The Hon. Chief Justice Tom Bathurst, | |
| Supreme Court of New South Wales | |
| Professor Doug Jones AM, President, ACICA | |
| Michelle Sindler, CEO, AIDC | |
About the ACICA
The Australian Centre for International Commercial Arbitration (ACICA) is Australia's only international arbitration institution. Established in 1985, its membership includes world leading practitioners and academics expert in the field of international and domestic commercial arbitration. A signatory to co-operation agreements with over 50 global arbitral bodies including the Permanent Court of Arbitration at The Hague, ACICA is the sole default appointing authority competent to perform the arbitrator appointment functions under the new International Arbitration Act. The ACICA Arbitration Rules include Emergency Arbitrator Provisions - a first for an Australian arbitral body. The ACICA Appointment of Arbitrators Rules 2011 is a streamlined process through which a party can apply to have an arbitrator appointed to a dispute seated in Australia. A board comprising representatives of the Attorney-General of Australia, the Chief Justices of the High Court and Federal Court, the President of the Australian Bar Association, the President of the Law Council of Australia and industry representatives oversee the appointment process.
RSVP and Interviews:
Gianna Totaro
gtotaro@acica.org.au
+61-438-337-328