Professional Certificate in Commercial Arbitration

(Code: ITP03) (24 hours)

Arbitration is one of the most commonly used method in the resolution of commercial disputes. Commercial arbitration is essentially settling of disputes by referring them to a neutral person, an arbitrator, selected by the parties for a decision based on the evidence and arguments. International arbitration is a rapidly growing area of law and is increasingly being adopted around the world by states and international businesses as a method for resolving international commercial and investment disputes. The usefulness and significance of arbitration are demonstrated by its increasing use by the business community.

The efficiency of arbitration is dependent on the expert knowledge and experience of the arbitrators and the arbitrator’s ability and fairness are the decisive elements in any arbitration.

The Professional Certificate in Commercial Arbitration provides knowledge and an appreciation of commercial arbitration and its role within the Indian legal system. It offers the participants the theory of arbitration law and practice, with emphasis on procedure of arbitration, both ad-hoc and institutional, drafting of arbitration agreements, framing of issues and making of arbitral awards. The program will also look at the art of making dispute resolution clauses appropriate to the parties’ business needs and dispute resolution desires. The program provides a solid foundation for participants to become an Arbitrator and expertise to represent in Commercial Arbitration as an Arbitration Lawyer / Consultant.

The Professional Certificate in Commercial Arbitration Program at IIAM, is conducted for 3 days (24 hours). But due to the COVID-19 pandemic and travel restrictions, the program is now conducted online extending 4 days.

Benefits:

On successful evaluation of assessment, the participant will be eligible for empanelment as a certified IIAM Arbitrator, as per QAP-4 of the IIAM Accreditation system and norms of enlistment.

Completion of the program successfully will also enable the participant to apply for accreditation under the APCAM (Asia Pacific Centre for Arbitration & Mediation) Accreditation norms , which would empanel the participant as an arbitrator in the roster of all the APCAM centres.

Eligibility:

Lawyers, Chartered Accountants, Company Secretaries, Engineers, and all professionals or persons who have undergone graduate-level education are eligible for enrolment in this program.

Evaluation & Certification:

The participant will undergo certain roleplays and will be given certain assignments during the course of the program. They are designed to help the participant to understand the practical aspects of arbitration and to write effective arbitral awards (both domestic and international). The participant’s attendance and interaction during the program and roleplays will be assessed, along with the assignments. On successfully completing the program, the participant will be awarded the certificate, along with the course transcript.

Application:

Applicants are required to submit the completed application form, tuition fee and all required documents. No final decision about an application can be made until this documentation has been received and inspected to IIAM’s satisfaction.

For more details, mail to training@arbitrationindia.com

Fee:

INR 30,000.00 (Indian participants) | US$ 495.00 (NRI participants & participants from SAARC Region) | US$ 555.00 (Foreign participants)
(Fee includes Training material)

♦ Payment may be made in favour of “Indian Institute of Arbitration & Mediation, New Delhi”.

♦ For cancellation and refund policy, please refer the application form.