MMMC, High Court, Bombay has empaneled Centre For Mediation And Conciliation (CMC) as a Mediation Institution Jan 01, 2019
MMMC, High Court, Bombay has empaneled Centre For Mediation And Conciliation (CMC) as a Mediation Institution’in pre-institution mediation and settlement as per Sec.12 (A) of the Commercial Courts Act 2015.
Bombay Chamber Of Commerce And Industry Launches Its Centre For Mediation And Conciliation, 29 June, 2018
Chamber has set up its Centre for Mediation and Conciliation (CMC), under the guidance of the Bombay High Court, to provide commercial dispute mediation services nationwide. Some mediators on their panel include Hon’ble Justice B. N. Srikrishna, Hon’ble Justice Kanade, Mr. Bill Marsh from United Kingdom, Mr. Jeremy Lack from Switzerland, Mr. Prathamesh Popat from Mumbai, Mr. Sriram Panchu and Mr. A Jawad from Chennai and Ms. Ekta Bahl from Samvad Partners Hyderabad, Ms. Lalit Mohini Bhat from New Delhi.
Union Budget, 2018-19 : Positive and Digital Plus
The 2.5 trillion dollar Indian economy is now on its way to become the third largest economy in terms of purchasing power parity (PPP). It is in this backdrop, Hon’ble FM Shri Jaitley presented his Union Budget for 2018-19 today. Bombay Chamber lauds the FM on an insightful Budget, which the Chamber believes will boost the economy in the coming years.
The three key elements of this year’s Union Budget are strengthening agriculture, infrastructure and healthcare benefits. Bombay Chamber welcomes the focus on MSMEs, Taxation and Credit availability as well. Shri Vijay Srirangan, Director General, Bombay Chamber stated that they are positive steps. The concern, however, was use of employment versus automation in the MSMEs sector. The focus on Digital, including AI, Big Data, Cyber Securities, introduction of Unique Id for enterprises are excellent moves in the right direction and expected to contribute towards the growth of the economy.
Since the manufacturing sector is back on growth path and the MSMEs sector gets significant amounts in the form of capital support and interest subsidy in this Budget, the Chamber does expect that by increasing public and infrastructure investment and through increase of fiscal deficit, the economy will boost the aggregate demand in the near future.
