IICA Signs MoU with IAMC Hyderabad to Augment Alternative Dispute Resolution Ecosystem and Boost Ease of Doing Business

Why in the News?

The **Indian Institute of Corporate Affairs (IICA)** signed a Memorandum of Understanding (**MoU**) with the **International Arbitration and Mediation Centre (IAMC), Hyderabad**, to strengthen India's Alternative Dispute Resolution (ADR) framework and enhance the Ease of Doing Business.

Key Features / Major Points:

- Core Objectives & Vision:

- Focuses on specialized capacity building, MSME mediation support, and policy-oriented research aligned with the vision of **Viksit Bharat@2047**.

- Aims to build a specialized talent pool of arbitrators, mediators, and dispute resolution professionals through short-term and long-term courses.

- Signatories & Key Dignitaries:

- The MoU was signed by **Col. Amandeep Singh Puri** (Chief Administrative Officer, IICA) and **Shri A.J. Jawad** (CEO & Registrar, IAMC).

- Organized by the Centre of Excellence in Alternative Dispute Resolution (CEADR) led by **Prof. (Dr.) Naveen Sirohi**, in the presence of IICA Director-General & CEO **Shri Gyaneshwar Kumar Singh**.

- Strategic Impact on MSMEs & Investments:

- Special emphasis placed on dispute resolution for the MSME sector to drive GDP growth, exports, and investor confidence across states (such as supporting Haryana’s vision of a Trillion-Dollar Economy by 2047).

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Static GK Facts:

- Indian Institute of Corporate Affairs (IICA):

- Established: **2008** | Headquarters: **Manesar, Gurugram (Haryana)** | Nodal Ministry: **Ministry of Corporate Affairs (MCA)** | DG & CEO: **Gyaneshwar Kumar Singh**.

- International Arbitration and Mediation Centre (IAMC):

- Location: **Hyderabad, Telangana** | Inaugurated: **December 2021** (Established with the support of the Telangana Govt and High Court of Telangana).

- Alternative Dispute Resolution (ADR) Framework in India:

- Primary Legislations: **Arbitration and Conciliation Act, 1996** and **Mediation Act, 2023**.

One-Liner Quiz (All Competitive Exams):

Q: With which institution did IICA sign an MoU to augment India's Alternative Dispute Resolution (ADR) ecosystem and support MSMEs?

A: International Arbitration and Mediation Centre (IAMC), Hyderabad

Q: Where is the campus of the Indian Institute of Corporate Affairs (IICA) located?

A: Manesar, Gurugram (Haryana)

Q: Under which Union Ministry does the Indian Institute of Corporate Affairs (IICA) function?

A: Ministry of Corporate Affairs

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