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Arun Jaitley, Minister of Finance, Corporate Affairs and Defence has released a CII (Confederation of Indian Industry) CII reports on transparency and ethics in the real-estate sector. He also launched the CII Centre for Arbitration and Mediation during the Annual Session of CII with the theme ‘Future of Globalisation: Can India Lead?’
The Centre for Arbitration and Mediation will deal with national and international arbitration matters. It will incorporate best practices in alternate dispute resolution for speedy disposal of cases. The Centre, under the leadership of leading lawyers Shardul Shroff and Pallavi Shroff, will provide fair, impartial and quality arbitration services for resolving commercial disputes.
Recognising the primacy of place accorded to bringing transparency in business and customer operations for promoting faster growth with inclusiveness in the economy, Dr Naushad Forbes, President, CII, unravelled three key initiatives taken by CII during the year. This includes CII’s work on ethics in the healthcare sector, a report on transparency in the real-estate sector and the launch of the CII Centre for Arbitration and Mediation.