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Making a career in arbitration

Last Updated 28 September 2011, 11:37 IST

Relax; you don’t have to take up a degree in law to qualify for an arbitration training programme. The Indian Arbitration and Conciliation Act (1996) rules that any educated person can be appointed as an arbitrator, whatever be his profession.  But then, it does make sense to make yourself at ease with the basic laws of the land, if you intend to become an arbitrator.

So, if you fancy yourself in the role of an arbitrator, the month-long training programme to be conducted by the Nani Palkhivala Arbitration Centre (NPAC) and the Chartered Institute of Arbitrators (CIArb UK), India branch might come in useful.

Though not professionally entrenched in the Indian milieu so far, arbitration has much scope in resolving outstanding disputes legally and formally, as it is a legal, formal, private binding process through which disputes can be resolved by an award made by an independent Arbitral or Panel, which gets constituted after consultations, and with total agreement of both the disputing parties. The panel may also be nominated by the courts, or by institutions like the NPAC.

For a country like India, with its burgeoning cases waiting to be disposed and limited judicial reach, arbitration can be valuable.  In fact, business houses, educational institutions and other organisations gain by having a trained arbitrator on their pay roll, or at least by having a few of their existing employees trained in the arbitration domain, because arbitration could save them valuable time and expenses, which is otherwise lost, when disputes are put through courts. Successful candidates can also establish an international practice in arbitration.

The arbitration training is taken at three levels — Associate, Member, and Fellow.  In the Associate stage, which is the first level, the course is followed by the submission of an assignment, which is to be mailed to the UK branch of the Chartered Institute of Arbitrators (CIArb UK). The assignments will be evaluated and successful candidates would be given a certification.  Following this, the candidate can take up higher level courses of arbitration, such as Member and Fellow levels.

The current training programme begins from September 30 and winds up by October 31, and will be held between 9.30 am to 5.30 pm at the NPAC Centre in Chennai. Two other training programmes have already been conducted by the Centre so far.  The course fee is Rs. 8000.  For further details, log on to www.nparbitration.in and to register yourself for the course, call 044-65130808 or e-mail bookings@nparbitration.in

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(Published 28 September 2011, 11:37 IST)

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