<p>Chief Justice of India N V Ramana on Saturday laid the foundation stone for the construction of a new building of the International Arbitration and Mediation Centre (IAMC) here. IAMC is currently operating from a temporary campus at Nanakramguda here.</p>.<p>In his address, he described the event as a happy occasion in the history of arbitration in the country. He also expressed hope that the International Arbitration and Mediation Centre, Hyderabad would gain a great international reputation on par with the arbitration centres in Dubai, London and Singapore.</p>.<p>He thanked the Telangana government for allotting valuable land and Rs 50 crores for the construction of the building. Supreme Court Judges Justice L Nageswara Rao and Justice Hima Kohli and Telangana High Court Chief Justice Satish Chandra Sharma who are members of the IAMC Hyderabad's Board of Trustees, attended the event.</p>.<p>Several Telangana ministers and others were also present on the occasion.</p>.<p><strong>Check out DH's latest videos:</strong></p>
<p>Chief Justice of India N V Ramana on Saturday laid the foundation stone for the construction of a new building of the International Arbitration and Mediation Centre (IAMC) here. IAMC is currently operating from a temporary campus at Nanakramguda here.</p>.<p>In his address, he described the event as a happy occasion in the history of arbitration in the country. He also expressed hope that the International Arbitration and Mediation Centre, Hyderabad would gain a great international reputation on par with the arbitration centres in Dubai, London and Singapore.</p>.<p>He thanked the Telangana government for allotting valuable land and Rs 50 crores for the construction of the building. Supreme Court Judges Justice L Nageswara Rao and Justice Hima Kohli and Telangana High Court Chief Justice Satish Chandra Sharma who are members of the IAMC Hyderabad's Board of Trustees, attended the event.</p>.<p>Several Telangana ministers and others were also present on the occasion.</p>.<p><strong>Check out DH's latest videos:</strong></p>