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Conference on Role of Arbitration in Engineering Contracts

Venue : Vigyan Bhawan, New Delhi

Held on : 11/07/2014

Event Summary :

The Indian Institution of Technical Arbitrators (IITArb) is an All- India non-profit professional body of Engineers and Architects, devoted to the popularization of arbitration as a speedy and cost effective method for resolution of commercial and contractual disputes. Its objectives are to impart training to members and others in various aspects of arbitration by conducting short term courses, conferences, workshops, in-house programmes etc.; to carry out research in arbitration; build up a specialized reference library; take up Institutional arbitration and offer consultancy in arbitration matters.

Arbitration plays an important role in smooth, speedy and cost effective resolution of disputes in engineering contracts, thus paving the way for expeditious implementation of infrastructure development projects. It is however essential that Arbitrators appointed for resolving dispute arising out of Engineering contracts, should be professionals well versed in the trade as they are well equipped to comprehend and appreciate the issues involved for proper and speedy disposal of disputes. However, such professionals are required to have the thorough understanding of the nuances of the relevant laws concerning arbitration and the related legal aspects.

Towards this objective, IITArb, Delhi State Centre has organized the international conference on “Role of Arbitration in Engineering Contracts” at New Delhi. A number of experts and professionals of long standing experience and repute have been invited to share their experience with participants. The event has provided the much needed interaction and expertise to groom the practicing professionals in the field of arbitration.

The conference broadly covered all issues concerning arbitration in the context of engineering contracts. It encompassed the following specific themes without however limiting to them:-

Mr. S. Ravi Shankar, the President of Arbitration Association of India and a Supreme Court lawyer, who has vast experience in handling of International arbitrations and related litigations has given presentation on "When Courts Can Interfere in Awards Passed By Arbitral Tribunal as Per Indian Law" and provided thorough knowledge about Arbitration.