Alternative Dispute Resolution should be an alternative to the overburdened courts, the law minister Shafique Ahmed, has said.
He was speaking at a dialogue on 'Court Interventions in Arbitration' jointly organised by Bangladesh International Arbitration Centre and Dhaka Chamber of Commerce and Industry in the conference room of DCCI on Saturday.
Former chief justices Latifur Rahman, Syed JR Mudassir Husain and Tafazzal Islam echoed Shafique on the ADR process and the role of the courts.
Among others, Barrister Rafiqul Haque, M Zahir, former attorney general Hasan Arif, chairman of BIAC Mahbubur Rahman, BIAC chief executive Toufiq Ali, DCCI president Asif Ibrahim spoke on the occasion.
Senior lawyer of the Bangladesh Supreme Court Ajmalul Hossain presented the keynote paper on the topic focusing on the relationship between international arbitrations and national courts.
Shafique said the Arbitration Act-2001 and amendment of the Civil Procedure Code were made to facilitate ADR, particularly arbitration.
Settlement of disputes must be on the basis of an understanding between the parties, and such understandings must not be overturned by courts, he added.
Mahbubur Rahman, who chaired the meeting, highlighted the role of the private sector in the development of the economy.
He said the private sector needed options for speedy and effective resolution of business disputes, and arbitration provided the channel.
Source : New Age
