‘Shocked’ by appointment of former CJI Ramanna, Chief Arbitrator Sriram Panchu resigns from Singapore panel | Pro IQRA News

‘Shocked’ by appointment of former CJI Ramanna, Chief Arbitrator Sriram Panchu resigns from Singapore panel

 | Pro IQRA News

News Updates.

New Delhi: Former Chief Justice of India (CJI) NV Singh is known for his role in setting up the Hyderabad-based International Arbitration and Mediation Center (IAMC) during his tenure as CJI. Sriram Panchu launched an attack on Ramanna and has resigned from the panel of the Singapore International Arbitration Centre. In his resignation letter, he vehemently attacked Ramanna and raised many issues. Sriram Panchu is a key arbitrator of this organization and a senior advocate of the Madras High Court.

Panchu’s resignation comes after SIMC announced the signing of a memorandum of understanding (MOU) with IAMC last month. Following this agreement, both have been allowed to form a partnership for further arbitration. SIMC also announced that Ramanna has been appointed as an “expert arbitrator” on the panel of international arbitrators.

Then, on August 31, Panchu sent a letter resigning from SIMC’s international panel in protest against Ramanna’s appointment. The letter, seen by ThePrint, said Panchu is “surprised, shocked and saddened” by SIMC’s decision to associate with the former CJI.

He wrote, “I do not want to be part of any panel where Mr. Ramanna is a member. Also, I do not want to be a part of any such organization where he is associated in any way.

The IAMC was inaugurated by Chief Justice Ramanna in 2021 at Nanakramguda on the outskirts of Hyderabad. At that time he was the Chief Justice of India. Since then, the IAMC has been the subject of great controversy.

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