First Meeting of Advisory Committee of KIAC

The first meeting of the Advisory Committee of the Kolkata International Arbitration Centre was held today. Dr P Ishwara Bhat, Vice Chancellor of NUJS, Mr Debanjan Mandal and Ms Shruti Swaika of Fox & Mandal, Mr Siddhartha Datta of Amarchand Mangaldas, Mr Anjan Dasgupta of HSA Associates, Mr Subhas Pahari of Law Department, Mr Koley of Judicial Department, Mr Sutanu Kar JMD Hidco, Mr Suman Neogy GM Hidco, Mr Mrinal Mukherjee CE Hidco, Mr Samaresh Mitra CFO Hidco participated in the lively discussions. All were requested to give their opinions by email. It was broadly agreed as follows:

- 12,000 sq ft of space in floor above  National Green Tribunal would be earmarked for KIAC. Architect Firms  who have expertise in designing law offices will be consulted
- Facilities and services would be managed by professional agencies and use would be paid by the hour
- Training would be imparted to arbitrators by NUJS
- Rules would be framed
- Arbitration clauses in govt contracts would be standardised by Law department
-Chambers of Commerce and Professional Arbitration Associations of India / Singapore would be intimated

I also informed that Expression of Interest for Financial and Arbitration Hub has just been published in website EOI_Finance & Legal Hb today.
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Here is a clipping:

Times of India dt 16 Feb 2015