Contract Management and ADR workshop held
Mangaluru, Sept 10, 2022: A one-day Contract Management and ADR workshop was held at the Mangalore SEZ Ltd on Sept 9.
The program was co-hosted by the Kanara Chamber of Commerce and Industry (KCCI) and was conducted by Prof CA Lionel Aranha, visiting Professor at IIM Kozhikode and Chairman of the ADR Sub-Committee at KCCI.
Speaking at the inaugural, Shashidhar Pai Maroor, President, KCCI, reiterated the commitment of KCCI to provide a cost-effective and efficient forum to settle disputes.
He recalled the setting up of the centre in 2020. To date, he said, 11 cases have been resolved with settlements of Rs. 6.86 crs. Currently, the ADR Centre is handling 7 cases. Maroor exhorted the industry captions to pursue Alternative Dispute Resolutions instead of heading to the courts already clogged with 4.4 cr cases.
V. Suryanarayana, CEO, MSEZ appreciated the work done by the KCCI ADR Centre. He called upon the participants to use the opportunity to understand the nuances of Contract Management & ADR and use the concepts in their workplace.
The workshop was attended by representatives of companies operating within the MSEZ. CS Phani Bushan, Company Secretary of MSEZ, and Mytreya A, Chief Operating Officer of KCCI, were present.
KCCI ADR Centre was inaugurated by Justice S Abdul Nazeer in March 2020. Since then, it has handled cases primarily on business and commerce matters. In addition, the KCCI ADR is designed to settle disputes outside the court with the help of an impartial third party.