Shajeeda Syed, Legal News Reporter
The Indian National Bar Association (INBA), in collaboration with Department of Commerce and the Centre for Trade and Investment Law of the Indian Institute of Foreign Trade organised the ‘Bar Leadership Summit on Reforms in the Indian Legal Sector’ directed to discuss upon the various problems and concerns encircling liberalisation of the Indian Legal Services. Minister of commerce and industry, Mr. Suresh Prabhu, who was also present during the event, addressed the summit and emphasised on the growing need to have an effective and efficient mechanism on Alternative Dispute Resolution (ADR) which can promote the easiness of the mode of undertaking business.
He in his speech highlighted the expansion and advancement of the ADR and also spoke about the growing importance of ADR. He further advocated the need for the legal fraternity to make use of the ADR process in business matters.
Kaviraj Singh, the Secretary General of INBA discussed about the three main significant domain that needs priority attention and they are as follows:
- liberalisation of Indian legal services.
- conduct of arbitration process in India.
- reforms in the legal regulatory sector.
Present at the event was one more dignitary Mr. Suresh Chandra, the Union Law Secretary. He while addressing the programme declared that India has a huge capability to expand the area of the legal market, which is about $ 9 billion.
With the development and enhancement of this concept, there is new path for the people to resolve their conflicts. The growth of ADR process will definitely reduce and lessen the burdens of the Law Courts, and thus, there is a need to take this process ahead with more speed and efficacy.
The purpose of ADR is not to replace the judicial system altogether, but it only provides an extra mode of the resolution of disputes. Thus, the ADR process only compliments the present system of law courts. To achieve the end goal of social justice it is necessary that the judicial system and ADR process works in collaboration with each other. This aim and object of ADR can be achieved only when the required awareness about the about the availability and benefits of ADR mechanism is spread amongst the masses. The process of ADR should be flexible enough to adapt to the socio-economic conditions of the nation. The ADR process should be so developed that it can cater to growing and fast changing needs of the Indian society as well as the Indian economy, so that the ultimate object of justice is met.