Registration is ongoing through this link:
The last date of registration is 20 October 2020 till 2 pm.
Webinar on “Challenges of Application of Institutional ADR in Real Estate and Construction Disputes in Bangladesh” on Wednesday, 21 October 2020 from 11.30 am to 1.30 pm BST
BIAC has reacted to the current global crisis of COVID-19 pandemic and the future new norms for handling of commercial dispute resolution, by quickly converting cases, originally slated to be in person, to their virtual, cost effective and efficient system that allows cases to be arbitrated, mediated and negotiated through the use of video technology. Under the programme of holding a series of Webinars during this COVID-19 crisis, BIAC is going to organise its 6th Webinar online via Zoom on Wednesday, 21 October 2020 from 11.30 am to 1.30 pm, Bangladesh Standard Time on ‘’Challenges of Application of Institutional ADR in Real Estate and Construction Disputes in Bangladesh’’. This Webinar will be co-hosted with BIAC by the Singapore International Arbitration Centre (SIAC).
BIAC is Bangladesh’s first and only registered Alternative Dispute Resolution (ADR) service provider organisation, licensed by the Government of Bangladesh which facilitates resolution of domestic and international commercial disputes in an expeditious and amicable manner through Arbitration and Mediation. BIAC started operation as a not-for-profit organisation in April 2011 and has its own Rules of Arbitration and Mediation. Apart from facilitating Arbitration and Mediation BIAC also provides training courses on ADR.
Singapore International Arbitration Centre (SIAC) is a not-for-profit international arbitration organisation based in Singapore, which administers Arbitration under its own Rules of Arbitration and the UNCITRAL Arbitration Rules. It was established in 1991. SIAC Arbitration Awards have been enforced in many jurisdictions including Australia, China, Hong Kong, India, Indonesia, Jordan, Thailand, UK, USA and Vietnam. SIAC is a global arbitral institution providing case management services to parties from all over the world.
The Webinar is aimed to discuss specifically on the Challenges of Application of Institutional ADR in Real Estate and Construction Disputes in Bangladesh, especially in the wake of the spread of COVID-19 pandemic worldwide, which has created an unprecedented challenge in our economic life as well. Through this Webinar we would like to draw recommendations from experts as to how the institutional ADR can help resolve disputes arising out between the parties in the Real Estate and the Construction sectors in Bangladesh sharing experiences from Bangladesh, Singapore, and India.
We will have with us in the Webinar, a distinguished expert Panel of Speakers who will address issues and impacts of the challenges facing two major development sectors in Bangladesh, the Real Estate and the Construction. Except for a few Government developments projects, both the construction and the real estate sector in Bangladesh are in a kind of torment stage. The fate of millions of formal and informal workers in the steel, cement and construction industries in Bangladesh, not to mention hundreds of businesses, are hanging in the balance. By the estimation of the Asian Development Bank, the construction sector could lose about 400 million USD over one year due to the Corona virus pandemic. By sharing experiences from business leaders, experts from the banking industry, the legal fraternity and ADR specialists from home and abroad this Webinar will offer help and guidance to the stakeholders facing the challenges of resolving business dispute issues in the Real Estate and the Construction sectors in Bangladesh during the current catastrophe of COVID-19.
Barrister Ali Asif Khan, Advocate, Supreme Court of Bangladesh will moderate the event. Each Panelist will speak for 5 to 7 minutes, which will be followed by a Question and Answer Session. BIAC will send the Zoom link soon and request all concerned to register online.
Daily Bonik Barta ( বণিক বার্তা )