Question : NEW LAW FOR BUSINESS DISPUTES



(a) whether the Government proposes to repeal certain archaic laws and to ease the business rules by giving clearances to companies on the basis of self-certification;

(b) if so, the details thereof along with the response of the Law Commission thereto;

(c) the time by which a final decision is likely to be taken in this regard; and

(d) the steps taken by the Government for setting up a framework to encourage arbitration as dispute resolution mechanism in order to encourage a positive business environment?

Answer given by the minister


MINISTER OF LAW AND Tl`STICF. AND COMMUNICATIONS AND INFORMATION TECHNOLOGY (SHRI RAVI SHANKAR PRASAD)

(a) to (d): The information is being collected and will be laid on the Table of the House.

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