Islamic Azad University, Iran wins GD Goenka – ClArb (India) International Commercial Arbitration Competition, 2018.
Mr Lalit Bhasin, President, CIArb (India), SILF, was the Chief Guest of the Valedictory session. Mr. Ganesh Chandru,Executive Partner at Lakshmikumaran & Sridharan and Mr. Ajay Thomas,Vice-Chair of the ICC India Arbitration Group (IAG) were adjourning the Finale along with Mr. Lalit Bhasin. The results were then announced in the presence of the esteemed judges and the awarding ceremony was completed. The judges mentioned how each team had definitely put forth their best and how it was definitely a tough call for them.
Islamic Azad University, Iran won the prestigious Competition, Sastra University were the runners up. The Best Speaker award (female) was awarded to Ranjitha .N.R. Christ University,Bangalore . The award for Best Memorial was given to NLU Tamil Nadu. After the award ceremony was completed, cash prize worth two lakhs rupees was awarded to the winners.
As correctly put forth by Mr. Lalit Bhasin in his presidential address that each participant is a winner as they were the chosen one to represent their universities in this competition. It was a tough competition but nonetheless, the learning experience has been very enriching and it is something that each participant will take back with them.