NEW DELHI, INDIA - OCTOBER 23: Prime Minister Narendra Modi with Chief Justice of India Justice TS Thakur during the valedictory session of National Initiative Towards Strengthening Arbitration and Enforcement in India organized by Niti Aayog at Vigyan Bhawan, on October 23, 2016 in New Delhi, India. Modi said that more than 100 archaic laws have been discarded and a comprehensive Insolvency and Bankruptcy Code has been enacted. The conference organised to strengthen Arbitration and Enforcement laws in the country. (Photo by Sonu Mehta/Hindustan Times )