The Arbitration Bar of India (ABI) was recently launched on 11th May 2024, marking a significant milestone in the field of arbitration and alternative dispute resolution in the country. The ABI aims to establish a professional and institutional framework to promote and support arbitration in India, reflecting the growing importance of arbitration as a preferred mechanism for dispute resolution in both domestic and international contexts.

 

Objectives of the Arbitration Bar of India:

• Professional Development: The ABI seeks to enhance the skills and expertise of its members through training programs, seminars, and workshops.
• Institutional Support: It aims to provide institutional backing to arbitration practitioners and improve the overall standards of arbitration practice in India.
• Advocacy and Policy Influence: The ABI will work towards influencing arbitration policies and reforms, ensuring that India's arbitration framework aligns with global best practices.
• Networking and Collaboration: The organization will serve as a platform for networking and collaboration among arbitration professionals, including arbitrators, lawyers, and academics.

 

Mr. Divyakant Lahoti: Founding Executive Member

Mr. Divyakant Lahoti, a highly respected Advocate and Senior Advocate-on-Record at the Supreme Court of India, has been appointed as one of the founding executive members of the Arbitration Bar of India. Mr. Lahoti brings with him a wealth of experience in arbitration and dispute resolution, having represented various high-profile cases in both domestic and international arbitration forums.

 

Contributions of Mr. Lahoti:

• Leadership Role: As a founding executive member, Mr. Lahoti is expected to play a pivotal role in shaping the direction and vision of the ABI. His expertise in arbitration will be instrumental in setting high standards for the practice.
• Advocacy for Arbitration: Mr. Lahoti has been a strong advocate for the adoption and growth of arbitration in India. His involvement in the ABI reflects his commitment to enhancing the arbitration landscape in the country.
• Guidance and Mentorship: Mr. Lahoti's position will allow him to mentor and guide young arbitration professionals, contributing to the development of future leaders in the field.

 

The formation of the Arbitration Bar of India and Mr. Lahoti's involvement as a founding executive member signify a step forward in strengthening arbitration as a robust and efficient dispute resolution mechanism in India. The ABI is poised to become a key institution in promoting arbitration and supporting professionals in this specialized area of law.