ICLP developing various aspects on modern arbitration - SS Wijeratne
Sarath Malalasekera
For the speedy development of international commercial relationships,
it is imperative that like in the developed countries modern Arbitration
Law and Institutions be developed.
Following the enactment of the Arbitration law, Institute for the
Development of Commercial Law and Practice (ICLP) established the only
Institutional Arbitration Centre in Sri Lanka in 1996, said ICLP Course
Director, Legal Aid Commission (LAC) Chairman S.S. Wijeratne delivering
the welcome address at the ICLP Award Ceremony held recently.
The Chief Guest was Supreme Court Judge Justice Shiranee
Tilakawardane.
The ICLP Course Director emphasised that fifteen years have passed
since the enactment of the modern Sri Lanka Arbitration Act No.11 of
1995.
During the past fifteen years, ICLP has taken meaningful steps to
develop various aspects of modern arbitration in Sri Lanka. Development
of ICLP Arbitration Centre Rules both for regular and Expedited
Arbitrations, developing a code of Ethics for arbitration and
publication of Arbitration Law in Sri Lanka; the only book on
arbitration in Sri Lanka are among the steps taken. Further Initiatives
have been taken to work closely with the Ceylon Chamber of Commerce to
develop arbitrations both nationally and internationally through the
ICLP Arbitration Centre.
One of the most important initiatives of ICLP Arbitration Centre was
the launch of a six months Diploma Course in Commercial Arbitration in
2004, to train graduated senior executives, lawyers, accountants,
engineers, quantity surveyors.
Up to 2010 about 130 Diploma holders have completed ICLP Arbitrators
Training Program. This Program has been conducted by the leading experts
in Arbitration both in the Judiciary and professions such as legal and
construction, the ICLP Course Director said.
ICLP Chief Executive Officer Hemamali Amarasinghe conducted the
proceedings at the awards ceremony.
The S.S. Wijeratne award for the Best Student went to Attorney-at-Law
Dinuka Kottegoda. K.C. Kamalasabayson Scholarship holder was Ishara
Madarasinghe, Program Officer, Registrar ICLP Arbitration Centre. Eleven
students obtained Merit Passes and Sixteen students obtained ordinary
passes.
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