New Delhi, July 30 -- The Institute of Chartered Accountants of India (ICAI) on Monday announced the launch of the International ADR Centre (IIAC), which will mark a significant milestone in India's alternative dispute resolution landscape.

Addressing a press conference, ICAI President Charanjot Singh Nanda said that this evening, Arjun Ram Meghwal, Minister of State (Independent Charge) for the Ministry of Law & Justice, will launch the ADR centre.

The IIAC, to be established as a Section 8 company under ICAI's aegis, will represent the institute's strategic entry into the alternative dispute resolution domain, aiming to promote and institutionalise ADR mechanisms across India. The centre will operate at the crucial intersection of com...