International Arbitration Centre to come up in Gurugram

An International Arbitration Centre (IAC) would be established in Gurugram where multinational companies will have the facility to get their disputes of national and international-level resolved.
This was today disclosed by Punjab and Haryana High Court Judge, Justice Ajay Kumar Mittal during the 'bhoomi pujan' ceremony for construction of 'Tower of Justice', over an area of seven acres in Gurugram.
Justice Mittal was accompanied by Punjab and Haryana High Court Judge and Chairman, Building Committee, Justice Surya Kant, an official release said.
Mittal said there was a plan to provide facility of IAC in the Tower of Justice. Being close to Delhi, the facility of IAC would prove beneficial for multinational companies in Gurugram.

Speaking on the occasion, Justice Surya Kant said small arbitration centres were being run in Punjab and Haryana High Court, and Delhi High Court, but the IAC at Gurugram would provide a platform for redressal of international level disputes.
A new Judicial Complex would also be set up at Sohna in Gurugram district. It would be developed over an area of about 4.43 acres at a cost of Rs 22 crore.

The construction work of the Judicial Complex would be completed in a year. Apart from this, Lawyers' Chambers would also be established in Sohna, said Justice Mittal after laying its foundation stone today.

He said two courts were made functional in Sohna on September 18, 2013 and later on their number was increased to three.
Justice Mittal said the courts were being run in the rented building of market committee which is not in good condition.
He said initially the Judicial Complex would have eight courts and entire premises would be centrally air-conditioned. Also, provision would be made to construct eight more courts in the complex, he added.
Justice Mittal said with the construction of the Judicial Complex, people of Sohna would not have to visit Gurugram to get their disputes resolved.