The BSE Training Institute (a Division of Bombay Stock Exchange Ltd) and the Chartered Institute of Arbitrators (CIArb) India (a branch of CIArb, UK) have jointly launched a two-day programme on an Introduction to Arbitration.

Programme Information

The following information is provided by the programme organizers:

Programme Objective and Aim:

Arbitration is a formal, private and binding process where disputes are resolved by an Award made by an independent Arbitral Tribunal. The Arbitral Tribunal or Panel of Arbitrators is either agreed by the disputed parties or nominated by a further independent body e.g. court or a professional arbitration institution.

However despite the honest intention of judicial reformers in India it is not easy for the Arbitration to develop.

Institutions like the Chartered Institute of Arbitrators - India Branch have taken up the task to develop Arbitration in India with the co-operation of like minded institutions such as the BSE Training Institute, A Division of Bombay Stock Exchange Ltd. through conducting programmes related to Arbitration.

Arbitration could be the next revolution in judicial administration in India. A good Arbitration mechanism is the essence of commercial progress. The future of Arbitration as a practice therefore is bright.

Aim of the programme: To provide an understanding of the general principles of arbitration and a comparison of the main alternative dispute resolution processes - arbitration, mediation and conciliation. The course will give candidates a basic understanding of the principles of good practice and procedure in arbitration.

Programme Topics / Syllabus:

• Comparison of Dispute Resolution Procedures
• Arbitration and Conciliation Act 1996
• Powers and Jurisdiction of the Arbitrator
• Statement of Case
• Preliminary Meetings
• Costs and Interest
• Procedure at the Hearing
• Essentials of an Award

How The Course Will Be Delivered:

The course is delivered over 2 days at BSE Training Institute (BTI), Mumbai, from 9.30 am to 5.30 pm.

Registration / Entry Requirements:

There are no entry requirements. The course is intended for candidates who:

• are new to the field of arbitration and have not had any legal training;
• wish to learn more about arbitration and its benefits to users;
• are considering further study to become a Chartered Arbitrator;
• wish to become an Associate member of CIArb.

Who Can Attend?

CA, CS, Arbitrators, Law Professionals, Brokers, Sub-brokers, Financial Intermediaries and other Professionals in the field such as IT, Medical, Engineering etc.

Assessment and Certification Process:

Assessment consists of one assignment that is distributed to candidates on the day of the course. Candidates will be given 28 days to complete and submit the assignment.

The pass mark is a clear pass or fail based on understanding and knowledge. Results are dispatched to candidates normally eight to twelve weeks from the date of conclusion of the assignment.

Course Fees:

Fees Rs. 7,500 Per Participants Plus 10.30 % Service Tax, as applicable.

Includes tuition fees, study material (from CIArb - UK), refreshments & lunch and CIArb - UK Certification.

What Happens When You Register For The Programme?

Upon successful registration, candidates will receive confirmation they are booked on the course. Course material and relevant information will be distributed on the day of the programme.

What Is The Next Step When A Person Completes The Course?

On successful completion of this course, candidates:

• Will be awarded an introductory Certificate
• May apply to become an Associate Member of the CIArb: Associateship (ACIArb) reflects a professional commitment to the encouragement and promotion of private resolution. Forms are available from the website or from CIArb India branch.
• May progress onto Module 1 of any of the CIArb Pathways - mediation, domestic arbitration, international arbitration or conciliation. (For further details, contact CIArb India Branch)

Register Today

Simple ways to register or to make an enquiry:

• visit the bsewebsite
• send an email
• RSVP Vispi Rusi Bhathena
  (Manager, BSE Training Institute)
  Phones:022-22728859 / 8862 / 8175 / 8197 / 8062 / 8121 / 8247 / 8246
  Fax: 022 - 2272 3250
• Snailmail BSE
  BSE Training Institute
  Bombay Stock Exchange Ltd
  18th & 19th Floors
  P. J. Towers, Dalal Street
  Mumbai - 400 001
• Snailmail CIArb
  Chartered Institute of Arbitrators (India)
  302, Mermaid
  Near Ramada Palm Grove Hotel
  Juhu Tara Road
  Juhu, Mumbai 400 049
  Email: ckamdararbitrator@yahoo.co.uk, ckamdar@in.com