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Use alternative dispute resolution mechanism: Commerce Minister
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SME Times News Bureau | 21 Nov, 2017
Emphasising on the growing importance of Alternative Dispute Resolution
(ADR), Commerce Minister Suresh Prabhu has said that the legal community
should make use of this mechanism for enhancing ease of doing business.
Prabhu conveyed the message through video conferencing at the Bar Leadership Summit held here recently.
The
agenda of the Summit, organised by Indian National Bar Association
(INBA), Ministry of Commerce and Industry, Centre for Trade and
Investment Law (CTIL) and Indian Institute of Foreign Trade, was
'Reforms in the Indian Legal Sector'.
The Summit explored issues and concerns surrounding the liberalisation of the Indian legal services sector.
"The
Summit on the whole agreed on the need to reform the legal sector to
align itself with the new global realities in the profession," the
Ministry said in a statement on Monday.
Minister of State for
Human Resource Development (Higher Education) Satya Pal Singh, in his
inaugural address, stressed on the importance of law as an enabler of
justice and spoke on the importance of the impartiality and neutrality
of the judicial system in India.
He noted that the justice system should focus on the difficulties faced by victims in particular.
Secretary
General of INBA Kaviraj Singh highlighted the dramatic changes that
have taken place within the legal sector in India in the last two
decades and identified the three major areas which need focus - conduct
of arbitration in India, reforms in the Indian legal regulatory sector
and liberalisation of legal services.
Law Secretary Suresh
Chandra said India has huge potential to increase the size of the legal
market, which is around $9 billion at present. He suggested that reforms
in this sector could tie in with Prime Minister Narendra Modi's agenda
of 'reform, transform and perform'.
Additional Economic Adviser,
Department of Commerce, Sangeeta Saxena, highlighted the need for
diversification of services exports and the particular importance of the
legal services sector in boosting India's overall performance in
services.
President of the Supreme Court Bar Association (SCBA)
R.S. Suri noted that the "gulf of understanding between the Bar Council
of India, State Bar Councils and the government needs to be bridged" and
that frequent consultations and deliberations are needed in reforming
this important sector.
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All previous tax litigation cases to be resolved at single window system
Bhagawath Prasad | Tue Nov 21 08:25:15 2017
Sir,
It's a brilliant idea to adopt alternate dispute resolution method , if government withdraws it's tax litigation cases from courts and tribunals and puts it's head into resolving them thru alternate ideas like single window scheme is better for SME sector to perform better and claim their money back from government coffers , also it curtails half of corruption at assessment offices.
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