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Wednesday, October 12, 2016

Mumbai Centre for International Arbitration (MCIA)

Mumbai Centre for International Arbitration (MCIA) is sector specific arbitral institution which is poised to give Arbitration a new dimension under Alternative Dispute Resolution framework.

It is welcome move by Government of Maharashtra to have come up with MCIA in joint initiative with  international & domestic business & legal community which is going to have a positive effect on International businesses foraying into India, who usually prefer arbitration over local litigation proceedings.

It is poised to streamline arbitration proceedings at par with Dubai International Arbitration Centre (DIAC), Singapore International Arbitration Centre (SIAC) and The London Court of International Arbitration (LCIA) which also has an office in India.

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