New Delhi, Apr 30 (FN Agency) Vice-president Jagdeep Dhankhar on Monday inaugurated new building of the Society of Indian Law Firms (SILF) and its Dispute Solutions Centre in capital of the country. The SILF building situated at Rouse Avenue was inaugurated by the Vice-president via video link at Bharat Mandapam at Pragati Maidan. The inauguration ceremony was graced by dignitaries and members of the legal fraternity, including Dr Lalit Bhasin, president of SILF, and Dr Sudesh Dhankhar, wife of VP Jagdeep Dhankhar. In his inaugural address, VP Dhankhar said, “… India’s institutions are catalysing the nation’s rise, and recent legislative reforms have unshackled our legal system. Our law firms now have global recognition, and it is time to converge efforts for effective dispute resolution. India’s economic growth is undeniable, and collaboration among stakeholders is crucial for our global legal presence. We must recognise the significance of a robust dispute resolution mechanism in fostering harmony and economic growth.
With India’s exponential economic upsurge, commercial disputes are inevitable, and we must approach arbitration as a means to preserve relationships and foster business opportunities. “The inauguration of the new SILF building marks a monumental step in our legal landscape, providing a state-of-the-art facility to further our objectives. This new institution, combined with our commitment to arbitration, will solidify India’s position as a global legal hub,” he added. Speaking on occasion, Dr Bhasin said that the lawyers and law firms of SILF, in recognition of their social and professional responsibilities, have decided to set up the Dispute Solutions Centre within its new premises at Rouse Avenue, New Delhi in cooperation with the Confederation of Indian Industry (CII). This Centre, equipped with state-of-the-art facilities, will become a beacon of legal excellence and innovation. Through research, legal education and mediation initiatives, SILF aims to facilitate expeditious resolution of disputes and promote a culture of amicable settlements, he added.