Published in:
LiveMint
Pubished on:
27 Sep 2016
The Mumbai Centre for International Arbitration (MCIA), India’s first major centre for commercial arbitration, will be launched in Mumbai on 8 October. The centre, being set up with the view of making India a hub of international commercial arbitration and helping ensure ease of doing business, is a joint venture between the Maharashtra government, industry members and the legal fraternity.
Experts see MCIA as an alternative forum that Indian businesses can approach instead of the Singapore International Arbitration Centre and the London Court of International Arbitration.