US Ambassador Verma calls on Union Law and Justice Minister
Verma was keen on knowing the status of ongoing legal reforms with special reference to ease of doing business like setting up of Commercial Courts and reforms being contemplated in the sphere of Arbitration . The measure amendments being introduced in the Arbitration Act as approved by the cabinet were also briefed.
Similarly, setting up of Commercial Courts in pursuance with the goal of ease of doing business in India was also discussed in detail and the minister assured the Ambassador that Government of India is bringing amendments to bring Indian system at par with the international (UNCITRAL) system.
Issues relating to the enforcement of contracts, and international arbitration awards were also discussed. The provisions for the ways the required mutual cooperation and required changes are being addressed also came up for discussion.
Issues relating to Intellectual Property Rights ( IPR) was agreed to be taken up by Verma with the Ministry of Commerce through the Ministry of External Affairs (MEA).
He was keen on Civil Legal Cooperation, training and Exchange of Expertise and the same was welcomed by the MLJ.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
