Gaurav: Created some stub w/ infobox

2025-11-14T02:25:46Z

Created some stub w/ infobox

New page

{{Short description|International commercial arbitrator}}
{{Multiple issues|
{{Orphan|date=January 2023}}
{{Promotional||date=January 2023}}
}}

'''Jammu and Kashmir International Arbitration Centre (JKIAC)''' is an [[Autonomy|autonomous]] institution formed as system for [[Alternative dispute resolution|alternate dispute resolution]] and act as [[Arbitral tribunal|arbitrator]] or [[Mediator (coactivator)|mediator]] in case of international [[Financial transaction|commercial transactions]]. The channel helps in enforcing the right of individuals under segment 89 of [[Code of Civil Procedure (India)|Civil Procedure Code, 1908]] to exercise right for [[Settlement (litigation)|out of court settlement]] in case such possibility exists.

== Objective ==

Jammu and Kashmir International Arbitration Centre was started in April 2022 to provide inexpensive and time saving arbitration and mediation proceedings<ref name="jk2">{{cite news |last1=Dar |first1=Mohsin |title=Lt Governor Manoj Sinha inaugurates first International Arbitration Centre at Jammu and Kashmir |url=https://www.barandbench.com/news/lt-governor-inaugurates-international-arbitration-centre-jammu-and-kashmir |access-date=28 August 2022 |publisher=Bar and Bench - Indian Legal news |date=28 October 2020 |language=en}}</ref> in case of dispute on international commercial transactions.<ref name="jk1">{{cite news |title=Union Law Minister inaugurates J&K International Arbitration Centre at Srinagar |url=https://www.risingkashmir.com/Union-Law-Minister-inaugurates-J-K-International-Arbitration-Centre-at-Srinagar-104596 |access-date=28 August 2022 |publisher=Rising Kashmir |date=14 April 2022 }}{{Dead link|date=August 2025 |bot=InternetArchiveBot |fix-attempted=yes }}</ref><ref name="jk3">{{cite news |date=14 April 2022 |title=Rijiju inaugurates J&K International Arbitration Centre at Srinagar |url=https://www.dailyexcelsior.com/rijiju-inaugurates-jk-international-arbitration-centre-at-srinagar/ |archive-url=https://web.archive.org/web/20220414220926/https://www.dailyexcelsior.com/rijiju-inaugurates-jk-international-arbitration-centre-at-srinagar/ |archive-date=2022-04-14 |access-date=28 August 2022 |publisher=Jammu Kashmir Latest News {{!}} Tourism {{!}} Breaking News J&K}}</ref> Jammu and Kashmir International Arbitration was formed as per Segment 89 of the Civil Procedure Code, 1908 giving benefit to individuals for out of court settlement in case of any commercial disputes.<ref name="jk5">{{cite news |last1=Malik |first1=Viqas |title=J&K International Arbitration Centre (JKIAC) |url=https://www.greaterkashmir.com/todays-paper/jk-international-arbitration-centre-jkiac |access-date=28 August 2022 |publisher=Greater Kashmir |date=11 October 2020 |language=en}}</ref> The setting up of Jammu and Kashmir International Arbitration Centre will help guiding the foreign investors who are unaware of country's laws.<ref name="jk4">{{cite news |title=Lt Governor Inaugurates J&K International Arbitration Centre; Launches JKIAC Website |url=https://kashmirlife.net/lt-governor-inaugurates-j-launches-jkiac-website-250717/ |access-date=28 August 2022 |publisher=Kashmir Life |date=28 October 2020}}</ref>

== Aims ==

Jammu and Kashmir International Arbitration Centre has been formed with following aims<ref name="jk7">{{cite news |title=J&K LG Manoj Sinha inaugurates International Arbitration Centre |url=https://www.businesstoday.in/latest/economy-politics/story/jk-lg-manoj-sinha-inaugurates-international-arbitration-centre-277127-2020-10-29 |access-date=28 August 2022 |publisher=Business Today |date=29 October 2020 |language=en}}</ref><ref name="jk9">{{cite news |title=Lt Governor inaugurates J&K International Arbitration Centre; launches JKIAC website - The News Now |url=https://www.thenewsnow.co.in/newsdet.aspx?q=117877 |access-date=28 August 2022 |publisher=www.thenewsnow.co.in |date=29 October 2020}}</ref>

* Improvement of ranking related to the Ease of Doing Business Index.
* Faster resolution of any disputes with confidentiality relating to international investors and traders not knowing domestic laws.
* Promoting investments in the state from national and international investors.
* Giving investors flexibility, choice and confidence during alternate dispute resolution.
* Helps in bridging language and cultural differences.
* Resolving legal language-related issues causing inconvenience to investors in financial and other commercial challenges.

== Members ==

Jammu and Kashmir International Arbitration Centre will have famous people from various walks of life, retired judges, Chartered Accountants, Lawyers, experienced officers, engineers, bureaucrats and architects and professors.<ref name="jk8">{{cite news |title=CJ chairs 2nd Meeting of Arbitration Committee of JKIAC |url=http://brighterkashmir.com/cj-chairs-2nd-meeting-of-arbitration-committee-of-jkiac |access-date=28 August 2022 |publisher=Brighter Kashmir |date=12 November 2020}}</ref><ref name="jk6">{{cite news |title=Chief Justice constituted Arbitration Committee for Jammu and Kashmir International Arbitration Centre |url=https://www.jkinfonews.com/newsdet.aspx?q=40279 |access-date=28 August 2022 |publisher=www.jkinfonews.com |date=3 October 2020}}</ref><ref name="jk4" />

== See also ==

* [[Dispute resolution]]

== References ==

{{Reflist}}

== External links ==
* [http://164.100.248.49/ Official Website]{{Dead link|date=August 2025 |bot=InternetArchiveBot |fix-attempted=yes }}


[[Category:Dispute resolution]]
[[Category:Quasi-judicial bodies of India]]
[[Category:Legal organisations based in India]]
[[Category:Arbitration organizations]]
[[Category:Non-profit organisations based in India]]

Jammu and Kashmir International Arbitration Centre - Revision history

Gaurav: Created some stub w/ infobox