HYDERABAD: Ever since India’s first International Arbitration and Mediation Centre (IAMC) for alternative dispute resolution was inaugurated in Hyderabad three months ago amid much fanfare, the general impression was that IAMC would be confining itself to settling commercial disputes involving big corporates, MNCs and multi-national entities.
But, with the IAMC opening its doors and concentrating on gaining the confidence of local people, disputes relating to common people are also getting resolved in a quick time. Since the centre became operational, 22 cases have been received and 50 hearings conducted from the temporary premises in Gachibowli. Two matters from the Supreme Court have also been referred to the IAMC.